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9th SugarWorld ASIA
29-30 Apr, 2013 - Yangon ParkROYAL Yangon PLEASE CLICK HERE to view upcoming event. Information here is outdated
Brazil’s sugar exports enjoy sweeter deals than domestic sales
Posted on : 03 Apr, 2013
Brazil’s sugar exports are enjoying better sales rate than its domestic counterpart as higher premiums are charged for Brazilian sugar on top of a higher international market price. According to an analyst at Cepea, sales figure from sugar shipments are now standing at 1.72% higher than that of local sales.
Currently, raw sugar from Brazil for immediate loading is priced at a 0.1 cent a pound premium compared to the previous 0.05 cent. It is evident that the sugar trade is reaping benefits from Brazil’s decision to increase its ethanol mix in gasoline from 20% to 25%, thus affecting the ethanol-sweetener ratio produced from sugarcane.
Brazil is the world’s leading sugar producer, and adjustments from the country often affect the sugar industry worldwide.
International sugar majors and leaders are set to attend the upcoming 9th SugarWorld ASIA Summit in Yangon, April 28-30, 2013, to join Dr. Sylvio Ortega, CFO/Administrative Director of CMAA, in the discussion of Brazil’s sugarcane and sugar business. He will also lead a separately bookable post-conference workshop on “Optimising & Innovation in Brazil’s Sugar Cane Industry” to study sugarcane best practices, production and quality improvements, developments in sugarcane feedstock, ethanol use and other downstream and derivatives markets.
The summit will also see a congregation of major regional leaders as experts examine Asia’s sugar potential including India and emerging Myanmar markets.
For more information or enquiries on the conference and line-up, please contact Ms. Hafizah at hafizah@cmtsp.com.sg or Tel. 6346 9218.
Read more: Brazil’s sugar exports seen more profitable than domestic sales India’s sugar production up by nearly 3% for 2012-2013 marketing year thus far
Posted on : 25 Feb, 2013
India is the world’s second biggest sugar producer, with last year’s crops totaling around 26m tones.
Indian Sugar Mills Association (ISMA) remarked that for the year 2012-13, the country has crushed 1.7% more sugarcane than last year and is enjoying a higher recovery rate.
The higher cane-crushing rate has raised hopes in the local industry for this year’s output to exceed official and industry forecasts. With Karnataka-based Vishwaraj Sugar’s recent announcement of expansion plans that will double cane-crushing capacity to 11,000 tonne per day and EID Parry’s renowned expertise in high yielding cane varieties that are sucrose-rich and pest-resistant, there are reasons for the local industry to stay optimistic.
Held in the mid of the marketing year, CMT’s 9th SugarWorld ASIA in Yangon on 28-30 April is a timely event for all stakeholders to attend. Mr. Mukesh Kumar, Managing Director of Vishwaraj Sugar and Dr. Manjunatha S Rao, General Manager (R&D) of EID Parry will speak on integration/expansion plans in India and high yielding cane varieties respectively amongst other speakers.
For more information or enquiries on the conference and line-up, please contact Ms. Hafizah at hafizah@cmtsp.com.sg or Tel. 6346 9218.
Read more: Sugar output increases 3% until mid-February, bodes well for full marketing year Myanmar studies Thai sugar industry to improve output
Posted on : 06 Feb, 2013
The Myanmar Sugarcane Dealers Association is set to study Thailand’s sugarcane plantations and sugar production. According to the Chairman of the Association, U Soe Lin, the study will take about a week with a group of sugar mills officials as well as small, medium and large industries’ farmers and members.
Even though Myanmar and Thailand borders each other, the annual sugar produce of Thailand is significantly higher at almost 2500% more than Myanmar’s. This huge disparity is mainly caused by investment policy difference between the two countries, with the Thai state pumping in investments into mechanized farming and big factories. The good farming techniques and advanced machinery, in turn, contributes to a high output.
The 9th SugarWorld ASIA Summit in Yangon on 28-30 April aims to delve into Myanmar’s sugar industry dynamics and study Thailand’s success amongst other key subjects.
For more information, please contact Ms. Hafizah at hafizah@cmtsp.com.sg or Tel. 6346 9218.
Read more: Myanmar study aims for sugar output |
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