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The Canadian Government has opened consultations on the administration of the new Tariff Rate Quotas and Origin Quotas that will be established under the Canada-European Union Comprehensive...
On June 16, 2016, the Government of India (GOI) introduced a 20-percent export tax on raw and white sugar (Customs Notification No. 37/2016) in response to higher international sugar prices.
The Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) published on their website guidelines on product approvals.
On June 13, 2016, the Mexican Service of Administration and Disposition of Assets published an announcement in the Diario Oficial containing the public tender for the last two state-owned sugar mills.
Egypt imposed an EGP 900 ($101.35) per metric ton tax on exported sugar effective May 18 until the end of 2016.
MY2016/17 sugar production is expected to remain relatively flat at 70,000 tons, which signals limited progress of Nigeria’s backward integration plans for sugar production.
With increased processing capacity and better weather conditions expected to prevail, sugar production is forecast to climb to 370,000 metric tons in MY16/17 (May-Apr).
The sugar industry in China continues to struggle due to high production costs, the elimination of government support prices, and import competition.
For Marketing Year (MY) 2015/16 estimated sugar production amounted to 1.35 million metric tons (MMT), 32 percent lower than last year.
Argentine sugar production for marketing year 2016/17 is projected at 2.1 million tons (raw basis), similar to the previous two crop seasons.
Post forecast overall sugar production of 510,000 MT during Marketing Year 2016/17 (MY 2016/17).
Post’s out-year production forecast for Indian centrifugal sugar in marketing year (MY) 2016/17 (Oct-Sept) is 25.5 million metric tons (MMT), a decline of 2.2 MMT from MY 2015/16.