Archived Articles

July 25, 2015Manila Standard Today (Vito Barcelo) | http://goo.gl/HbhziD

The Bureau of Customs foiled an attempt to smuggle imported sugar worth P34 million at the Manila International Container Port.

Seized were 24 40-footer container vans contained at least 13,200 sacks of imported sugar that arrived at the MICP.

The seized goods, consigned to Blue Chelsea…

July 24, 2015Sugaronline | http://goo.gl/URGcwJ

Sugar production in India will exceed demand for a sixth year as record cane prices encourage farmers to stick with the crop, according to Bloomberg.

Output will total 28 million metric tonnes in the 12 months starting Oct. 1, topping domestic demand provisionally seen at 25.2 million tonnes, the Indian Sugar Mills…

July 23, 2015Sugaronline | http://goo.gl/eKtlgJ

Coca-Cola Co. said Wednesday that results held up better than expected in its second quarter despite the impact of a strong dollar, as the soda giant logged broad volume growth for beverages from Sprite soda to ready-to-drink tea, according to Dow Jones.

Shares of Coke, flat over the past year, added 9 cents to US$41.…

July 22, 2015Sugaronline | http://goo.gl/QPXGbC

Sugar exports from India will climb more than forecast previously as mills accelerate sales to clear US$2.8 billion debt to cane growers, according to Bloomberg.

Shipments will surpass 1 million metric tonnes in the 12 months through September, said Yatin Wadhwana, managing director of Sucden India Pvt. Mills may…

July 22, 2015Sugaronline | http://goo.gl/Tg9CPY

Domestic bioethanol prices in the Philippines have hit a four-year high in June, averaging PHP56.33/litre ($1.25/litre) as domestic raw sugar production sank to a two-year low, statistics from the Sugar Regulatory Administration showed this week, according to Platts.

Average bioethanol prices for the first half of…