Market updates on sugar with up-to-date price trends
Jul 5, 2023

Sugar: high prices fail to impress buyers

BRASÍLIA/BRUSSELS. Grounds are slippery in Brazil’s sugar market as local traders do not only need to keep a close eye on quotations in New York and London but are also confronted with manipulation and fraud. The EU may not be Brazil’s top export destination, but raw cane sugar imports have soared despite prices being high.
Sep 23, 2021

Sugar: EU adapts to new normal

BRUSSELS/FRANKFURT. EU sugar exports are expected to outstrip imports in the current marketing year. Although the market has certainly rebounded from the impact of the pandemic, sugar manufactures are trying to adopt a cautious approach to the post-pandemic future in 2021/2022. Market prices are also reflecting this development.
Jul 8, 2021

Südzucker: outlook for the current 2021/22 fiscal year confirmed

MANNHEIM. While Südzucker AG's group revenues increased slightly in the first quarter of the current 2021/22 financial year, group operating profit declined for the time being. For the first time, the quarterly report covers five segments instead of the previous four.
Feb 17, 2021

Sugar: EU confronted with challenges in 2020/2021

BRUSSELS/FRANKFURT. Market players are sounding the alarm bells over declines in production, particularly in France and in Germany. Concerns are being voiced that Germany's sugar suppliers will not be able meet food industry demand at the end of August. EU-UK trade has also been adversely impacted by Brexit.
Oct 21, 2020

Sugar: mixed crop results in Germany

FRANKFURT/PARIS. This year's drought is the reason for very mixed yields in German sugarbeet cultivation. Meanwhile, sugar prices are relatively uniform for German customers.
Aug 28, 2020

Sugar: Covid-19 continues to weigh on demand

FRANKFURT/BRUSSELS. Sluggish sales and the suspension of Christmas markets and major events mean that white refined sugar stocks have piled up in Germany. Sugar consumption is expected to decline in the EU.
Aug 12, 2020

Sugar: slump in demand to prove massive challenge

FRANKFURT/BRUSSELS. Sugar consumption is expected to decline in the EU. Confectionery manufacturers in Germany are sounding the alarm because Covid-19 has prompted a slump in exports and domestic consumption.
Jul 16, 2020

Sugar: production forecasts for Brazil increased

BRASÍLIA. Brazil, the most important export country for sugar, will increase its production by almost 20% this season. The coronavirus pandemic is playing a decisive role in this.
May 8, 2020

Sugar: Czech Republic about to buy German sugar?

FRANKFURT/PRAGUE. Market players are reporting a high oversupply of sugar, not least due to the corona crisis. Due to the closure of the gastronomy sector and the cancellation of events, both important consumption sectors for...
Press Releases
Apr 22, 2020

Südzucker: not possible to assess impact of coronavirus pandemic

MANNHEIM. In the preliminary figures for the 2019/2020 financial year, which ended on 29 February, the Südzucker AG states that group revenues declined to EUR 6.7 billion. By contrast, a drastic rise in the group operating result to EUR 116 million has been observed.
Press Releases
Mar 18, 2020

Südzucker confirms that supply chain is up and running

MANNHEIM. In a recently issued press release the Südzucker Group has confirmed that supplies are guaranteed, despite demand being high. While the corona pandemic has brought public life to a standstill in many countries, Europe's leading sugar gaint has switched to crisis mode.
Feb 26, 2020

Sugar: prices expected to rise

FRANKFURT. In 2019, the exports of sugar have delcined sharply in Germany and the Czech Republic. Meanwhile, surplus supplies have forced the first plants to close in Russia.
Feb 6, 2020

Sugar: Russia steps up production

MOSCOW. As many as 21 sugar plants have been operating in Russia since July. Data issued by the Ministry of Agriculture suggests that production and exports are on the rise. Producers are highly satisfied with the current market developments.
Jan 27, 2020

Sugar: surplus stocks undermine market prices

FRANKFURT. As the Federal Information Centre for Agriculture (BZL) has recently reported, this season's sugar production reached...
Press Releases
Jan 14, 2020

Südzucker: significant decline in the sugar segment

MANNHEIM. Südzucker presents its current forecasts for the 2019/2020 fiscal year. The sugar segment is weakening noticeably, but the CropEnergies and special products segments are scoring revenue growth.
Jan 9, 2020

Sugar: imports from Poland increase by 37%

WARSAW/PRAGUE. At the beginning of the new campaign, sugar imports to Germany have declined measurably compared to last year.
Jan 7, 2020

Sugar: record production in Russia

MOSCOW. Russia produced more than 7 million tonnes of sugar in 2019. This has prompted a surge in shipments. Exporters are reaping large porfits.
Press Releases
Dec 19, 2019

Südzucker revises full-year forecast

MANNHEIM. As Südzucker has announced, the consolidated group operating results for the third quarter are much higher than last year. This has prompted the sugar giant to revise the consolidated group operating results for the full year. The outlook for the sugar segment, however, remains far from encouraging.
Dec 17, 2019

Sugar: slump in production

KIEV. The Ministry of Agriculture in the Ukraine states that as little as 9.8 million metric tonnes of sugar beets were harvested by 12 December. This is a 27.4% decline over last year. As much as 13.5 million metric tonnes were harvested in December 2018.
Dec 17, 2019

Sugar: traders intend to reduce stocks

PRAGUE. Shortly before the end of the year, the traders in the Czech Republic are trying to cut their stocks. According to the Czech Statistical Office, the exports from the Czech Republic have declined since last year.
Press Releases
Oct 10, 2019

Südzucker: low EU prices fail to cover costs

MANNHEIM. As the sugar giant Südzucker has recently announced in its recently issued press release the consolidated group operating result has declined considerably to EUR 74 million between March and August. Last year’s operating result stood much higher at EUR 139 million. The loss is mainly driven by the sugar segment.
Oct 8, 2019

Sugar: revised EU production estimates

WASHINGTON D.C./WIESBADEN. In the recently issued sugar semi annual for the EU the USDA has revised the 2019/2020 production estimates. Brexit and the stagnating sugar consumption are challenges the market is confronted with.
Press Releases
Sep 13, 2019

Nordzucker: Below-average yields expected

BRAUNSCHWEIG. With processing beginning in Chełmża the Group has officially launched the new beet campaign this week. Earnings are expected to vary greatly depending on region.
Sep 6, 2019

Sugar: Sugar beet processing starts in the Ukraine

KIEV. Although the first plants have started processing sugar beets, the production prospects are anythign but enouraging for this season.
Aug 8, 2019

Sugar: Trend is set to change soon

PRAGUE/WARSAW/BERLIN. As traders report, the tension has eased in the EU markets for granulated sugar. This has an enormous impact in Germany.
Aug 2, 2019

Sugar: Traders in the UK confine themselves to national market

FRANKFURT/LONDON. The British sugar industry is profiting from the uncertainties over Brexit. At present, competitors from other EU countries present no challenge.
Press Releases
Aug 1, 2019

Nordzucker acquires majority stake of 70% in Australian sugar producer

BRUNSWICK. The Nordzucker AG has successfully completed the acquisition of a 70 percent majority stake in Mackay Sugar Limited (MSL), Australia's second largest sugar producer.
Jul 11, 2019

Sugar: EU sugar production to increase by 4%

FRANKFURT/BRUSSELS. At 1.67 million ha, the area under cultivation was 4% smaller than in the previous year. Among other things, the farmers in France...
Press Releases
Jul 11, 2019

Südzucker: Expectations for 2019-20 fiscal year confirmed

MANNHEIM. In the first quarter of 2019-20, Südzucker AG's consolidated revenues fell to EUR 1,680 million. Revenues in the sugar segment, among others, declined significantly.
May 27, 2019

Sugar: Smaller areas do not slow down production

FRANKFURT/BRÜSSEL. For the sugar giant Nordzucker, the 2018/19 financial year was marked by losses. Nevertheless, the Group has no doubts about the long-term prospects offered by the sugar market. Meanwhile, experts anticipate an increase in production during the 2019/20 sugar campaign despite smaller cultivation areas.
May 3, 2019

Sugar: Dramatic decline in EU stocks

WASHINGTON, D.C/FRANKFURT. According to the recently issued annual report of the Foreign Agricultural Service (FAS) on the sugar market in the EU, production is expected to recover in MY 2019/20...
Alerts and Regulations
Mar 14, 2019

Südzucker: Angry protests in France

MANNHEIM. As the Handelsblatt has reported Europe’s leading sugar giant, the Südzucker AG, intends to withdraw from the world market because of the permanently low sugar prices. The plan is to focus exclusively on Europe.
Jan 30, 2019

Sugar: Südzucker AG intends to close factories

MANNHEIM/FRANKFURT: As part of the restructuring plan for the sugar segment, the executive board intends to implement further cost-cutting measures in Germany and other countries in Europe.
Jan 10, 2019

Südzucker: Significant losses in the sugar segment

The Südzucker AG has confirmed the full-year forecast in the recently published third quarterly report. Problem is that the sugar market continues to be difficult. The CropEnergies segment has shown similarly disappointing results in the current fiscal year. Revenues have declined by 2.1%.
Dec 28, 2018

Sugar 2018/19: Hard facts and figures

Important data provided in a clearly-structured Excel file, including: Background information, sugar production data, import and export figures and market prices.
Dec 13, 2018

Sugar: Nordzucker announces drastic cuts

FRANKFURT. In July, the EU Commission was still reckoning with an EU sugar production of 20.1 million mt. This figure has since been revised downwards several times.
Dec 10, 2018

Sugar: Dramatic supply squeeze in Europe

LONDON/BERLIN. The German Sugar Industry Association (WVZ) has recently revised its 2018/19 production estimates downwards. Moreover, the outlook for 2019/20 is not exactly encouraging with experts agreeing that the low prices should prompt farmers to switch to more attractive products.
Nov 7, 2018

Sugar: No offers available

LONDON/FRANKFURT. This year’s crop is a total disaster. The situation is so bad that British Sugar can no longer provide any offers. Market players in Germany are also confronted with high prices.
Oct 26, 2018

Sugar: Traders face tough negotiations

LONDON/FRANKFURT. This year’s sugar beet crop is an absolute disaster. Traders must react fast in confronting angry customers. Offers are no longer available.
Oct 16, 2018

Nordzucker: Significant losses in 2018/19

BRAUNSCHWEIG. In its semi-annual report Nordzucker states a significant decline in earnings in the first half of 2018/19. This is the result of significantly lower selling prices and lower sugar volumes. Losses are expected for the current financial year and for the following year.
Sep 24, 2018

Sugar: British Sugar raises ex works prices

LONDON/PARIS. The sugar giant British Sugar has raised its ex works prices. At the same time, reports state that the farmers are to receive less for their sugar beets.
Sep 3, 2018

Sugar beets: Drought impacts new campaign

BRAUNSCHWEIG. In a recently published press release sugar giant Nordzucker has announced that the processing campaign will start in Poland and Slovakia on 12 September, one week later than usual. In addition, the Farmers’ Association Landvolk has voiced concerns over the new season in Lower Saxony in Germany.
Aug 16, 2018

Sugar: Heat stress also in the EU beet cultivation

FRANKFURT. Initially, the European sugar beet crop seemed to be able to withstand the summer heat well, by now however, yield losses cannot be ruled out.
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Aug 10, 2018

NOVELLA AGRI EXCLUSIVE - Sugar: How the British sugar market is profiting from Brexit

LONDON/FRANKFURT. By March 2019 at the latest, if not by the end of this year, Great Britain, in all probability will no longer be part of the European Union. This will have serious consequences for the sugar market.
Jul 30, 2018

Sugar: Prices spiral downwards

FRANKFURT. Sugar in Europe is already trading 45% lower than last year. Big producers are now, however, offering even lower prices.
Jul 12, 2018

Südzucker: Significant downturn

MANNHEIM. Südzucker has released its first quarter results for 2018/19. At EUR 1,741 million Südzucker’s consolidated group revenues have dropped marginally below last year’s results in the first quarter (1 March to 31 May 2018). While revenues in the special products segment rose considerably to EUR 558 million, revenues in the fruit segment remained relatively stable at EUR 312 million.
Jul 10, 2018

Sugar: Prices have hit rock bottom in the EU

WASHINGTON, D.C./FRANKFURT. The trucker strike in Brazil struck while the sugarcane harvest was just kicking off and the recently published FAS report indicates that the losses for the sugar industry are enormous. Market players in the EU are very much concerned over the further development in prices.
Jun 25, 2018

Sugar: Prices in the EU can compete with Brazil

WASHINGTON D.C./FRANKFURT. The record global production in 2017/18 and the record end of season stocks have an enormous impact on the dynamics between the European and world sugar markets. Prices are an important concern with questions be raised as to have far they will continue to fall.