Tag: sugar

Brazilian mills look back to ethanol as sugar rush fizzles

Brazilian mills look back to ethanol as sugar rush fizzles

May 8, 2019 |

In Brazil, Reuters reports that hopes for a recovery in sugar prices sufficient to drive a shift in production away from ethanol have withered and mills are reworking plans in order to focus again on ethanol production. Sopex expects ethanol to account for around 65% of this season’s cane crush rather than 60% or less […]

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Brazilian sugar mills seen being more responsive to sugar and ethanol prices

Brazilian sugar mills seen being more responsive to sugar and ethanol prices

February 19, 2019 |

In Brazil, Reuters reports that Louis Dreyfus believes flexible sugar mills that can easily switch between sugar and ethanol will likely make the shift faster this next season than in previous seasons, leading to “dramatic” shifts in production of either product as mills become more pragmatic in their decision making. Alvean believes that sugar prices […]

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Indian sugar industry seeking license waiver to ramp up ethanol production quicker

Indian sugar industry seeking license waiver to ramp up ethanol production quicker

November 15, 2018 |

In India, the Financial Express newspaper reports that the domestic sugar industry is pleading with the central government to have regulations established by the National Green Tribunal requiring certain licenses for ethanol producers be eased in order to facilitate to a quick ramp up in production. The national government is pushing for sugar mills to […]

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India’s plans to divert sugar to ethanol thwarted by short-term policy

India’s plans to divert sugar to ethanol thwarted by short-term policy

October 29, 2018 |

In India, rather than divert 2 million metric tons of sugar towards ethanol in response to the government’s deregulation of feedstocks allowing production from ‘B’ heavy molasses and sugarcane juice, mills are only likely to divert a quarter of that volume towards ethanol production. Mills say the reason is because the government only announced prices […]

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Platts sees record ethanol production in H2 August despite mills looking at more sugar

Platts sees record ethanol production in H2 August despite mills looking at more sugar

September 11, 2018 |

In Brazil, Platts expects hydrous ethanol production for the last half of August to have reached a record high for the period of 1.62 billion liters, nearly 60% higher than H2 August 2017 and more than 21% higher than the first half of the month. That would bring total hydrous ethanol production for the season […]

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Brazilian fuel policy seen responsible for country losing top sugar producer status

Brazilian fuel policy seen responsible for country losing top sugar producer status

August 20, 2018 |

In Brazil, Mercopress reports that analysts JOB Economia e Planejamento finger the country’s fuels policy that drives demand for ethanol due to higher fossil fuel prices as the reason why Brazil will likely lose its top spot as the largest sugar producer in the world, ceding the role to India. With the policy driving the […]

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Brazilian ethanol glut may see mills switch to more sugar production

Brazilian ethanol glut may see mills switch to more sugar production

July 9, 2018 |

In Brazil, Bloomberg reports that despite record ethanol prices in the North-Northeast region, a glut of ethanol in the Center-South region has mills looking at producing sugar again in an effort to boost their returns. Stocks are 72% higher than last year, in part due to the trucker’s strike that kept supplies stranded while also […]

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Brazilian sugar industry fears more fuel market manipulation on the horizon

Brazilian sugar industry fears more fuel market manipulation on the horizon

June 7, 2018 |

In Brazil, Platts and Valor Economico report that the sugarcane industry is worried further fuel market manipulation could be on the cards following the resignation of Petrobras’ CEO under pressure of the recent truckers strike that saw much of the country’s economy shut down, including sugar mills. There are concerns that further manipulation in both […]

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Suedzucker steps up sugar exports after prices fall in Europe

Suedzucker steps up sugar exports after prices fall in Europe

May 18, 2018 |

In Germany, Suedzucker, Europe’s largest sugar refiner, said it is suffering from the steep fall in sugar prices in recent months and plans to step up exports to try and compensate. According to Reuters, white sugar prices have fallen by about 40 percent since early 2017, with white sugar futures hitting more than nine-year lows […]

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Thailand to boost raw sugar consumption for ethanol

Thailand to boost raw sugar consumption for ethanol

May 15, 2018 |

In Thailand, Reuters reports that the country will boost the volume of raw sugar it uses for ethanol production to 500,000 metric tons from the typical 200,000 tons diverted for feedstock. Thailand has produced a record 14 million tons of sugar this season but is trying to find ways to divert sugar from the world […]

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