More Commodities - Sugar

Sugar: surplus stocks undermine market prices

January 27, 2020 12:02 PM, Der AUDITOR
Play report as audio

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

... 3.86 million metric tonnes In Germany in December. This is a decline of nearly 100,000 metric tonnes on 2018/2019 and of 580,000 metric tonnes since 2017/2018. The decline is mainly driven by the lower sugar content in the beets (-1.72% to 17.61%). Even the 7% rise in sugar beet production to 25.16 million metric tonnes failed to compensate for the reduced sugar content.

According to the Federal Statistical Office of Germany, imports declined by 5.1% to 73,317 metric tonnes in October-November 2019. Shipments from France were cut by 24% to 23,145 metric tonnes as the averag

View related articles

Go to the News Overview
Sugar
Sep 23, 2021
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.
Sugar
Jul 8, 2021
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.
Sugar
Feb 17, 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.
Sugar
Oct 21, 2020
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.