News items used updating the Sugarflows market model. Informed comments are welcome.
Updated: 20 min 14 sec ago
French and Algerian firms to build sugar refinery
Farmers pack sugar cane in the southern Egyptian town of Nagaa Hamady in Qena
PARIS (Reuters) – French sugar maker Cristal Union and Algerian food firm LaBelle signed a partnership to build a joint refinery in Algeria with an initial capacity of 350,000 tonnes of raw sugar per year, Cristal Union said on Monday.
A private buyer in Iran has purchased 80,000 metric tons of raw sugar from international trade house Bunge, a European trade source said Monday.
A private buyer in Iran has purchased 80,000 metric tons of raw sugar from international trade house Bunge, a European trade source said Monday.
LONDON (Dow Jones)
The purchase, combined with Egypt’s state sugar buyer’s purchase of 90,000 tons of raw sugar at the weekend, could indicate that historically high sugar prices haven’t yet resulted in demand [...]
India 2009/10 sugar output seen at 16.8 mln T-industry
India 2009-10 Sugar Output Seen At 16.8 Mln Tons – Industry …
NEW DELHI, March 9 (Reuters)
India’s sugar output in year to September is seen at 16.8 million tonnes due to better yields, Indian Sugar Mills Association President Vivek Saraogi said on Tuesday. (Reporting by Mayank Bhardwaj; editing by Malini Menon)
Guatemalan sugar exports from the current 2009-10 cane harvest to Mexico to date have surged to close to 200,000 metric tons
Guatemala 2009-10 Sugar Exports To Mexico Jump To 200000 Tons …
news.tradingcharts.com
The surge in Guatemalan sugar shipments to Mexico comes as Mexico’s 2009-10 harvest has fallen behind the year-ago pace by more than 15%, widening the local supply shortage created by Mexico’s harvest last year that also ended sharply below expectations.
China Sugar imports in 2009 Exceed One Million Tons
China Sugar imports in 2009 Exceed One Million Tons
ETCN
China customs statistical data showed that in 2009 China’s accumulated sugar imports reached 1,064,000 tons, worth of USD 380 million, up by 36.5 percent and 18.8 percent respectively year on year. The import average price was USD 355.5 per ton, down by 13 percent over the previous [...]

