Archived Articles

May 12, 2015Sugaronline | http://goo.gl/8MSojB

Sugar production in Mexico will fall to 5.9 million metric tonnes in the 2014/15 crop year, setting the stage for a potential supply crunch in the United States later this year, the head of JSG Commodities said on Monday, according to Reuters.

Mexico is expected to export about 1.3 million tonnes to the United States…

May 14, 2015Sugaronline | http://goo.gl/dIIweM

Zambia Sugar has injected over ZMW760 million (US$105 million) into the local economy through taxes and wages to workers as at end of March 2015, according to the Times of Zambia newspaper.

For the period 2014/15, the company paid ZMW690 million into the local economy through payments to employees, cane growers and…

May 13, 2015Sugaronline | http://goo.gl/ZSWTVC

Thai sugar market participants shrugged off Wednesday any potential impact on the country's production after Australia's Bureau of Meteorology (BoM) confirmed this week that for the first time in five years the tropical Pacific is in the early stages of what will be a "substantial" El Nino, according to Platts.

El Nino…

May 11, 2015Sugaronline | http://goo.gl/KWt2se

Raw sugar futures surged the most in four months on Friday on short-covering and a stronger Brazilian real, which erodes incentives for producers in the world's largest exporter to sell dollar-denominated sweetener, according to Reuters.

July raw sugar futures on ICE rallied as much as 3.7% to a one-week high of 13.44…

May 11, 2015Visayan Daily Star by Carla P. Gomez | http://goo.gl/TgOwz3

The owners of San Carlos Bioenergy Inc. in San Carlos City, Negros Occidental, have sold 93.68 percent of the firm to Roxas Pacific Bioenergy Corp., a subsidiary of sugar group Roxas Holdings Inc., in a move towards shifting into other ventures.

“We sold because we are investing…