Archived Articles

January 20, 2014 SugarOnline

Raw sugar prices Tuesday rose to the highest level in more than a month after top producer Brazil unveiled higher taxes on gasoline, a rival fuel to sugar-based ethanol, according to Dow Jones.

Brazil is both the world's largest producer of sugar and cane-derived ethanol, and its mills can often produce both products, changing the emphasis on either the sweetener or…

January 20, 2015 Sugaronline

The proposed Sugarcane Industry Development Act of 2014 will pave the way for the growth of two other major products from sugarcane instead of just sugar alone, said Metro Bacolod Chamber of Commerce and Industry (MBCCI) president, Frank Carbon, according to the Philippines' Information Agency.

In a PIA interview, Carbon said that the Sugarcane Act aims to develop fuel…

January 19, 2015 Sugaronline

White sugar futures on ICE eased under pressure from a weaker oil market on Monday, according to Reuters.

The U.S. softs markets were shut on Monday for the Martin Luther King Day holiday.

March white sugar was down US$2.40 or 0.6% at US$396.50 a tonne at 1236 GMT.

"We expect sugar prices to remain depressed in the coming months as Brazilian supply proves…

Thailand has abolished sugar import tariffs for South Korea in the hope that Seoul will return the favour, according to Thailand's Bangkok Post.

Sirivuth Siamphakdee, chairman of the Thai Sugar Millers Corporation, said the government had already removed sugar from the "highly sensitive list" of products with a 1.22% import tariff under the implementation of the Asean-South Korea free-trade agreement. …

January 19, 2015 Sugaronline

Louis Dreyfus Commodities' Imperial Sugar Co and AmCane Sugar LLC have asked the U.S. government to continue its anti-dumping and countervailing investigations on sugar from Mexico, U.S. Department of Commerce filings show, according to Reuters.

The requests represent the shoring up of challenges launched the week before last by the two companies to a pact finalized by…