Latest supply and demand situation of the philippine sugar industry
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January 19, 2015 The Philippine Star By Jess Diaz
MANILA, Philippines - The Department of Health (DOH) is supporting a congresswoman’s proposal to impose a 10-percent tax on sweetened beverages like soft drinks.
In a position paper it submitted to the House of Representatives ways and means committee, the DOH said consumption of soft drinks and carbonated drinks has been “identified as one…
January 18, 2015 The Asian Age By Faisal Malik
The Devendra Fadnavis-led BJP government has made several demands to the Centre to help Maharashtra’s crisis-ridden sugarcane industry. These include rescheduling of loans for sugar mills, subsidy on export of raw sugar and increasing the import duty on raw sugar. However, the government has got no immediate relief from the Centre, as Union finance minister…
ICE benchmark raw sugar futures are poised for a bullish ride, potentially propelling prices to 17 cents per lb after the market defied the day's weak trend on the commodity complex and surged above a downtrend line on Thursday, according to Reuters.
The most-active March contract on ICE Futures US vaulted more than 2% to a five-week high at 15.38 cents per lb, breaching the downward trendline…
January 16, 2015 The Visayan Daily Star
The Philippine sugarcane industry is upbeat on increasing productivity by using high-yielding variety for sugarcane, through the Sugarcane Genomics Project, representatives of the Philippine Genome Center of the University of the Philippines said.
Agriculture project directors Rita Laude and Antonio Laurena of the PGC, who called on Administrator Ma.…
January 15, 2015 Reuters Reporting by Roberto Samora; Writing by Caroline Stauffer
SAO PAULO, Jan 15 (Reuters) - Raizen, the biggest sugar and ethanol producer in Brazil, said on Thursday it will stop production at its Bom Retiro mill in southeastern Brazil for two years because severe drought had caused a shortage of cane.
A joint venture between Brazil's Cosan (NYSE: CZZ - news) and Royal Dutch…