Tag: sugar

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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Indian sugar industry pushing for relaxation of ethanol production pathways

Indian sugar industry pushing for relaxation of ethanol production pathways

May 3, 2018 |

In India, the sugar industry is calling on the government to allow it to use surplus sugar and juice to produce ethanol, not just b-heavy molasses. It says 500,000 metric tons of sugar could be diverted into ethanol production if the policy shift was approved. India’s sugar season is winding up and is likely to […]

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Wood Hole Oceanographic Institution to develop breeding program for sugar kelp

Wood Hole Oceanographic Institution to develop breeding program for sugar kelp

October 10, 2017 |

In Massachusetts, researchers from Woods Hole Oceanographic Institution will develop a breeding program for sugar kelp–Saccharina latissima, one of the most commercially important species–using the latest gene sequencing and genomic resources for faster, more accurate and efficient selective breeding thanks to a $3.7 million ARPA-E grant. The breeding program will build a library of genetic […]

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European T2 ethanol prices sink to six-month low ahead of sugar deregulation

European T2 ethanol prices sink to six-month low ahead of sugar deregulation

September 25, 2017 |

In the Netherlands, T2 ethanol prices sank to a six-month low last week in light of increased beet-based ethanol production expected to enter the market from October when the EU’s sugar regime is deregulated. Prices have been falling since July in expectation of significant supplies preparing to enter the European market. Weak sugar prices may […]

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Nigerian sugar council wants E10 to buffer from global oil demand shifts

Nigerian sugar council wants E10 to buffer from global oil demand shifts

September 18, 2017 |

In Nigeria, the National Sugar Development Council wants the country to develop an E10 blending mandate in line with China’s in an effort to boost the agricultural economy and reduce dependence on its oil imports. The government has voiced concerns about China’s shift to E10, which will have an impact on demand for oil imports […]

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Analysts say sugar prices must fall much more before Brazil switches to ethanol

Analysts say sugar prices must fall much more before Brazil switches to ethanol

August 23, 2017 |

In Brazil, Australian analysts Green Pool say global sugar prices must fall much further from where they are now to have any sort of real impact on Brazilian mills to make them shift towards more ethanol production. Current sugar prices are around 13.41 cents per pound, below Sucden Financial’s estimate of the 14 cent ethanol […]

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Indian government may boost ethanol price to help mills

Indian government may boost ethanol price to help mills

July 10, 2017 |

In India, despite the government’s set price for ethanol at 60 cents per liter, higher production costs from set cane prices at the federal and state level in addition to lower production from drought has raised ex-mill prices to nearly 70 cents per liter. As a result, mills only supplied 800 million liters towards the […]

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