Südzucker 1H-2018/19 profit sinks. Südzucker Group operating profit significantly decreased to €139mn, from €282mn a year earlier.
Ukraine liberalizes sugar market. In the beginning of September, the Ukrainian Parliament approved the law on the deregulation of domestic sugar production, which was passed on the initiative of sugar industry association...
Vivergo Fuels shuts down plant. Vivergo Fuels, an ABF company, announced it was going to cease production of its bioethanol plant in Hull (East Yorshire) at the end of September due to lack of E10 mandate.
Wilmar takes up Bunge’s trading operations. US-based trader Bunge Ltd has completed the sale of its international sugar trading operations to Singapore-based agribusiness Wilmar Sugar International.
The European Commission has reported the average domestic price for white sugar in the EU. The September 2018 data give an estimated average selling p
India raises ethanol procurement price. In order to convert more sugarcane juice into ethanol, India’s Cabinet has raised the price of ethanol derived from sugarcane juice by 25%, from INR47.13 (€0.55) to INR59.13 (€0.69) per L.
World sugar market. Lower crop prospects prevent further fall in global sugar prices.