December 25, 2014
The Echo of India
Sugar remained sweet for consumers this year but turned bitter for mill owners who faced huge losses estimated at over Rs 3,000 crore and struggled to make payments to cane farmers due to sluggish sales realisation.
With sugar production all set to outstrip demand for the fifth year in a row and huge carry-over stocks, the outlook for 2015 appears no different.
December 23, 2014
The Malaysian Insider
China, Malaysia and Indonesia have imported more than a million tonnes of sugar from top exporters Brazil and Thailand for December delivery, revving up trade deals in the region, dealers said today.
Demand rose substantially and the brisk momentum is likely to continue next month when the new season Thai supplies would start tricking in, said a dealer by telephone from Australia.
December 22, 2014
Forbes
By Tim Worstall
December 18, 2014
Bloomberg
By Vanessa Dezem
Abengoa SA and three other companies were approved to receive about 592 million reais ($222 million) in government loans for four sugar and ethanol projects in Brazil.
Abengoa Bioenergia Agroindustria will receive 309.6 million reais for a project capable of producing 64 million liters (16.9 million gallons) of ethanol per crop, Brazil’s Banco Nacional de Desenvolvimento Economico e Social, or BNDES, said in an e-mailed statement today.
December 18, 2014
Bloomberg
By Morgane Lapeyre
Sugar demand rising by about 2 percent will help reduce the global glut as output remains little changed from last season, according to Czarnikow Group Ltd.
Global sugar production will exceed demand by 600,000 metric tons in 2014-15, following a surplus of 4.4 million tons in 2013-14, the London-based trading company said in a report today. World consumption is expected to climb 2.1 percent to 182.5 million tons in 2015, while output will be little changed at 184 million tons, it said.
October 28, 2014
http://www.nola.com/politics/index.ssf/2014/10/tentative_accord_reached_...
WASHINGTON -- The United States and Mexico negotiated a last-minute tentative deal to limit Mexican sugar exports in return for a Commerce Department agreement to drop -- at least temporarily -- an illegal dumping investigation.
The Wall Street Journal
By Alexandra Wesler
Oct. 27, 2014
The U.S. is imposing additional tariffs on Mexican sugar imports next week, but the new fees may be short-lived.
The government said Monday it would impose additional tariffs on Mexican sugar imports as high as 47.26% after the Commerce Department preliminarily determined that Mexican sugar producers had dumped the sweetener in the U.S.
20 October 2014
Reuters
Reporting by Alberto Alerigi Jr.; Roberto Samora, Reese Ewing and Caroline Stauffer;
Additional reporting by David Brough in London; Editing by Chizu Nomiyama, Bernadette Baum and Jeffrey Benkoe
http://www.reuters.com/article/2014/10/20/brazil-sugar-fire-idUSL2N0SF0G...
Aug 1, 2014
By Supunnabul Suwannakij
Sugar prices need to decline a further 2.8 percent to levels last seen in February to prompt fresh demand and shrink a fourth year of global surplus, said Mitr Phol Sugar Corp., Thailand’s top producer.
24 July 2014
The Wall Street Journal Website
By Alexandra Wexler
Sugar-industry executives and analysts are calling for the biggest decline in Brazil’s sugar output over a decade. But the numbers coming in from the harvest are showing that the world’s No. 1 producer is churning out sugar well ahead of last year’s pace. What gives?