• India's sugar export boost plan looks flawed - traders India's sugar export boost plan looks flawed - traders

    India's bid to compel producers to export millions of tonnes of surplus sugar will fail without significant subsidies or at least penalties for failing to comply, trade and industry sources said on Friday. India has been pushing mills to sell sugar on the international market and use the proceeds to clear huge debts they owe farmers for sugarcane. The world's number two producer, announced new rules last month making it compulsory for sugar producers to increase exports to at least 4 million tonnes in the present crushing season, to cut stockpiles. Despite a rally in raw sugar futures to a 4-1/2-month peak this week, driven by a Brazilian gasoline price rise which was expected to boost demand for cane-based ethanol, raw sugar futures prices were still below the 13.5-14 cents per pound area seen as more likely to spur Indian exports.

    Oct 4, 2015

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  • Raw Sugar Climbs Most Since 2011 as Weather Threatens Supplies Raw Sugar Climbs Most Since 2011 as Weather Threatens Supplies

    Raw-sugar futures turned a bit sweeter for bulls, climbing the most in almost four years on concerns that adverse weather may hurt crops in Brazil and India, the top producing countries. Sugar for delivery in October surged 5.7 percent on ICE Futures U.S., the biggest gain for a most-active contract since Sept. 29, 2011. Sugar rose for a third straight day, the longest stretch in seven weeks.

    Sep 3, 2015

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  • Green Pool revises up 2015/16 global sugar deficit forecast Green Pool revises up 2015/16 global sugar deficit forecast

    LONDON, Aug 10 (Reuters) - Market analysts Green Pool on Monday raised their forecast for a global sugar deficit in 2015/16 to 4.6 million tonnes from a forecast of 2.8 million made at the end of May. Increased production of ethanol from Brazilian cane, in response to strong ethanol demand, and reduced production forecasts in China and Thailand, contributed to the increased deficit forecast, Australia-based Green Pool said in a statement. It has forecast a global sugar surplus of 3.3 million tonnes for the 2014/15 crop year. Green Pool's annual crop production forecasts are based on crop year cycles. (Reporting by David Brough; editing by Jason Neely)

    Aug 10, 2015

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  • El Nino may hasten rebound in sugar prices El Nino may hasten rebound in sugar prices

    An El Nino weather pattern damaging sugar crops may mean global demand will outstrip production to a greater extent than expected in the upcoming season, hastening a rebound in prices from a 6-1/2 year low hit last month. Drought has already begun to threaten production in number two exporter Thailand and top consumer India as weather bureaux confirm the return of the phenomenon which can lead to scorching weather across Asia and heavy rains and floods in South America.

    Jul 30, 2015

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  • SOFTS-Raw sugar falls to 6-1/2 year low, cocoa at 8-1/2-mth high SOFTS-Raw sugar falls to 6-1/2 year low, cocoa at 8-1/2-mth high

    * Lack of physical demand, big stocks weigh on sugar * Cocoa prices hit highest since September 2014 * Robusta spread steep rally takes traders by surprise (Rewrites throughout, updates prices; adds trade comment, second byline, NEW YORK dateline) By Marcy Nicholson and David Brough

    Jun 16, 2015

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  • China Sugar Output Seen Falling Amid Dryness, Green Pool Says China Sugar Output Seen Falling Amid Dryness, Green Pool Says

    2015-04-16 15:25:34.563 GMT By Marvin G. Perez (Bloomberg) -- Production in yr ending Sept. 30 will drop to 10.6m mt from 13.32m t yr earlier, says Grace Johnson, analyst with Brisbane, Australia-based Green Pool Commodity Specialists Pty.

    Apr 16, 2015

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  • China sugar import curbs may prompt rise in smuggling China sugar import curbs may prompt rise in smuggling

    Psst. Fancy a few kilos of demerara on the cheap? China may find itself targeted by sugar smugglers thanks to the restrictions that the country has placed on tariff-free imports at a time when its own prices of the sweetener are far higher than those of the world market, Rabobank warned.

    Apr 6, 2015

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