Latest supply and demand situation of the philippine sugar industry
International News
Dollar Strength Weighs on Sugar Prices
February 03, 2025
https://www.nasdaq.com/articles/dollar-strength-weighs-sugar-prices-1
March NY world sugar #11 (SBH25) today is down -0.24 (-1.23%), and March London ICE white sugar #5 (SWH25) is down -4.90 (-0.90%).
Australian sugar industry reacts on India allowing sugar exports of 1 million tonnes
21 January 2025
After India allowed 1 million tonnes (MT) of sugar, the Australian sugar industry reacted, citing its effect on their industry.
India set to allow 1 million tons of sugar exports this year
January 19, 2025
MUMBAI/NEW DELHI, Jan 19 (Reuters) - India is set to allow exports of 1 million metric tons of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world's second biggest producer of the sweetener and help prop up local prices.
Growers need to back sugar industry, not talk it down at every turn: Australian Sugar Milling Council
3 December 2024
The Australian Sugar Milling Council (ASMC) has noted its dismay at grower groups choosing to frequently talk down the sugar industry.
B7bn budget urged to stop farmers burning sugarcane
7 December 2024
To curb PM2.5 pollution levels, the government has been urged to allocate a 7-billion-baht budget to encourage sugarcane farmers to harvest their crops while they are fresh rather than burn them.
Brazil reaps benefits from India’s sugar export restrictions
https://www.chinimandi.com/brazil-reaps-benefits-from-indias-sugar-export-restrictions/
9 November 2024
Brazil’s sugar exports reached a new annual record by October, surpassing 2023 levels, according to data from the Foreign Trade Secretariat (Secex). This increase comes amid a tightened global sugar market, as India, the world’s second-largest producer after Brazil, has imposed export restrictions that have heightened demand for Brazilian sugar.