top-K ranked news for ADM Sugar desk · published 06:00 UTC· download all articles (up to 60)
Neutral: Sugar prices rose to 1-month highs as the Brazilian real rallied to a 2.25-year high against the dollar, discouraging exports, while gasoline prices at 3.75-year highs boosted ethanol production, prompting mills to divert more cane to ethanol and cutting sugar output 11.9% y/y in early April.
Sugar prices rose to 1-month highs as the Brazilian real rallied to a 2.25-year high against the dollar, discouraging exports, while gasoline prices at 3.75-year highs boosted ethanol production, prompting mills to divert more cane to ethanol and cutting sugar output 11.9% y/y in early April.
Sugar prices rose on NY and London exchanges driven by 3% gasoline increase making ethanol more competitive, prompting mills to divert more cane to ethanol. Green Pool revised 2026/27 global sugar deficit to 4.3 million tonnes from 1.66 million. Translated
Sugar prices rose on NY and London exchanges on May 5, with July NY contract at 15.32 cents/lb, driven by 3% gasoline price increase making ethanol more competitive and prompting mills to divert more cane to ethanol, reducing sugar supply. Green Pool revised the 2026/27 global sugar deficit to 4.3 million tons from 1.66 million tons. Translated
India's cabinet approved the Cotton Mission with ₹5659.22 crore funding over five years and announced an increase in the Fair and Remunerative Price (FRP) for sugarcane farmers. Translated
Chile's largest sugar company Iansa announced it will not contract sugar beet for the upcoming season, which the Agriculture Minister called 'deplorable' and warned could end 70 years of domestic sugar production from local raw material. Translated
Major biofuel-producing countries including Brazil are increasing biofuel blending mandates to address energy security concerns stemming from the Iran war and Hormuz Strait closure, potentially diverting sugarcane from sugar production to ethanol. Translated
May 2026 will see USDA, Conab, and Unica reports on Brazil's Center-South sugar production, with all entities cutting sugar production estimates while raising ethanol output forecasts for the 2026/27 crop. Translated
NatureWorks' second PLA factory opens at Nakornsawan BioComplex using 100% Thai sugarcane sugar, 75,000 tons/year capacity, supporting BCG economy model. Translated
Sugar prices retreated in April domestically but international markets rallied; Green Pool raised global sugar deficit forecast to 4.3 million tonnes for 2026/27, with energy prices driving the uptrend. Translated
China implemented a zero-tariff policy covering 53 African nations, but excluded Eswatini (formerly Swaziland) which remains the only African country without diplomatic relations with China. Eswatini's primary export is sugar comprising over 60% of its exports, and due to the lack of diplomatic relations it faces a 15% most-favored-nation tariff on sugar exports to China, missing out on over $30 million annually in potential savings. Translated
PG Pesantren Baru sugar mill in Kediri, Indonesia held its traditional cane kirab ceremony to mark the start of the 2026 milling season, targeting 873,299.6 tons of cane crushed with 7.26% yield producing 63,597.32 tons of sugar starting May 19. Translated
The Mercosur-EU trade agreement entered into force, with Brazil estimating potential export expansion of up to US$ 1 billion in the first year for 543 competitive products including sugar, as 54% of Mercosur exports gain preferential access. Translated