News and views about the sugar markets, policy, trade and analysis which I've found interesting in February 2020.

Punishing Cambodia is going to backfire on EU

Punishing Cambodia is going to backfire on EU

14 Feb 2020 (Nikkei Asian Review) Removing tariff-free access will drive Phnom Penh toward Beijing's orbit.

asia.nikkei.com
US packaged foods juggernaut under EU antitrust probe

US packaged foods juggernaut under EU antitrust probe

14 Feb 2020 (Euractive) US consumer goods group Mondelez International is being investigated for suspected anti-competitive practices covering EU several member states, a European Commission spokesperson confirmed to EURACTIV. The EU executive has concerns that the maker of Oreo, Milka and Toblerone may have restricted cross border sales of its products in the EU’s Single Market.

euractiv.com
EU sugar beet area seen falling again this year after factory closures

EU sugar beet area seen falling again this year after factory closures

12 Feb 2020 (Reuters) “Planting will decrease because we closed four mills,” Pierre Raye, director of the General Confederation of Beet Growers (CGB), said adding that the situation varied significantly between companies and regions. Marcello Moreira, head of market research at French producer Tereos, said he did not expect any decrease in the acreage for his company while noting other players in the French market could see a fall. “When you look into Europe, you have a mixed scenario but the net will be a decrease of around 2% in acreage,” he said.

reuters.com
Nestle axes low sugar chocolate over 'underwhelming' demand

Nestle axes low sugar chocolate over 'underwhelming' demand

13 Feb 2020 (Birmingham Mail) Low-sugar chocolate has been axed by Nestle just months after it was first launched. Milkybar Wowsomes were launched by the confectionery giant less than two years ago. Nestle said it is now working on new sugar reduction technology that it aims to introduce next year.

birminghammail.co.uk
Commission decides to partially withdraw Cambodia’s preferential access to the EU market

Commission decides to partially withdraw Cambodia’s preferential access to the EU market

12 Feb 2020 The European Commission has decided to withdraw part of the tariff preferences granted to Cambodia under the European Union’s Everything But Arms’ (EBA) trade scheme due to the serious and systematic violations of the human rights principles enshrined in the International Covenant on Civil and Political Rights.

trade.ec.europa.eu
European Commission to forbid Lithuania and Romania using neonicotinoids

European Commission to forbid Lithuania and Romania using neonicotinoids

11 Feb 2020 (ACT media) The European Commission adopted two decisions that forbid Lithuania and Romania from issuing unjustified emergency licenses for pesticides containing three types of neonicotinoids (imidacloprid, clothianidin and thiamethoxam, the EC said in a release.

actmedia.eu
COFCO executive does not see recovery in Thailand sugar crop soon

COFCO executive does not see recovery in Thailand sugar crop soon

10 Feb 2020 (Reuters) Chinese commodities trader COFCO said on Monday it did not predict a recovery in Thailand’s sugar crop any time soon. COFCO’s Managing Director Softs Marcelo de Andrade made his comments during a panel discussion at an industry conference in Dubai. Thailand’s sugar production in the 2019/20 crop year is likely to fall 28% from a year earlier to a nine-year low of 10.5 million tonnes, as drought curtails cane supplies.

uk.reuters.com
UK Government confirms plans to introduce import controls

UK Government confirms plans to introduce import controls

10 Feb 2020 (gov.uk). The UK government has confirmed plans to introduce import controls on EU goods at the border after the transition period ends on 31 December 2020. This approach will not apply to the flow of trade between Northern Ireland and Ireland, or between Northern Ireland and Great Britain.

gov.uk
Carbo Solutions 25th International Sugar Conference, Casablanca, 23 - 26 June 2020

Carbo Solutions 25th International Sugar Conference, Casablanca, 23 - 26 June 2020

The Carbo Solutions International Conference brings together the leading sugar experts and senior management of sugar mills and refineries from around the world.

conference.carbo-solutions.com
British farmers plough red line into Australia-UK FTA talks

British farmers plough red line into Australia-UK FTA talks

10 Fen 2020 (Financial Review, Australia) The Morrison government may have a fight on its hands to win market access for farm exports to Britain. "We would consider beef, lamb and sugar as sensitive sectors in the UK just as they're considered sensitive in the European Union," the National Farmers Union (NFU) international trade adviser Tori Morgan told The Financial Review.

afr.com
Plan for sugar beet to return to Scotland

Plan for sugar beet to return to Scotland

10 Feb 2020 (Farmers Weekly) Scottish Enterprise national opportunities director David Smith said sugar beet could help Scotland cut back on fossil fuels and reach net-zero emissions by 2045. “If this project is successful, the environmental benefits of sugar beet as an alternative manufacturing feedstock will be investigated for use across a wide range of sectors.”

fwi.co.uk
Australian Sugar Millers highlight contribution of sugar cane to renewable energy

Australian Sugar Millers highlight contribution of sugar cane to renewable energy

7 Feb 2020 (Australian Sugar Milling Council) The fourth factsheet explains how sugar mills generate renewable electricity using cane fibre is used as a fuel.

asmc.com.au
Corporate Social Responsibility of EU Sugar focuses on sustainability

Corporate Social Responsibility of EU Sugar focuses on sustainability

7 Feb 2020 CEFS and EFFAT report that, "Despite the ... market price decline, the report shares a positive story and presents a sector that is on a sustainability journey ... Beet sugar factories offer skilled, remunerative industrial employment and are often at the heart of the rural communities in which they operate. The factories generate important economic multipliers: supporting sugar beet farmers; providing food producers with high-quality, sustainable sugar; making bioethanol and molasses ... and animal feed from beet pulp".

cefs.org
Tereos sees improved results at last

Tereos sees improved results at last

7 Feb 2020 (ESM Magazine) French sugar group Tereos said a rebound in sugar prices and strong ethanol demand should help it boost its performance until the year-end after posting improved third-quarter results, although its debt level continued to rise.

esmmagazine.com
WTO launches revamped WTO Data portal

WTO launches revamped WTO Data portal

7 Feb 2020 (WTO) The WTO launched a revamped WTO Data portal and a new WTO API portal to improve access to its international trade statistics and other WTO-related information.

wto.org
UK consults on new Global Tariff Policy

UK consults on new Global Tariff Policy

7 Feb 2020 (DTI) The Department for International Trade has today launched a public consultation to inform the UK’s new independent global tariff policy.

gov.uk
Brazil to seek a Mercosur-UK trade deal similar to that with EU

Brazil to seek a Mercosur-UK trade deal similar to that with EU

6 Feb 2020 (Reuters) The Brazilian government will seek to strike a Mercosul-United Kingdom trade deal similar to that with the EU.

reuters.com
Thai raw sugar premiums hit historic highs on stronger Quota B results

Thai raw sugar premiums hit historic highs on stronger Quota B results

5 Feb 2020 (S&P Global Platts) Thai raw sugar cash premiums spiked to a historic high of 223 points over New York No. 11 May futures for May 1 to July 15 shipment window, up 28% on the day.

spglobal.com
ACP sugar producers want UK to provide new incentive

ACP sugar producers want UK to provide new incentive

3 Feb 2020 (The Gleaner) The United Kingdom’s withdrawal from the European Union on Saturday provides a “real opportunity” to create preferential access for sugar industries in the African, Caribbean and Pacific (ACP).

jamaica-gleaner.com
Boris Johnson sets out vision for UK-EU trade deal

Boris Johnson sets out vision for UK-EU trade deal

3 Feb 2020 (YouTube) Boris Johnson has said the UK must become champion of global free trade as he warned that protectionists were "gaining ground". The Prime Minister told those gathered at the National Maritime Museum in Greenwich that free trade was "being choked" and that "the mercantilists are everywhere, the protectionists are gaining ground".

youtube.com
Publishing statistics after the United Kingdom left the EU

Publishing statistics after the United Kingdom left the EU

1 Feb 2020 (Eurostat) Eurostat is making a new aggregate for the EU with 27 Member States available for some 2530 datasets, covering around 90% of all datasets including EU28 aggregates. During the transition period until the end of 2020, the UK is continuing to send data to Eurostat. This data will be loaded in the database and made available to users.

ec.europa.eu
India's sugar output seen falling, global deficit rises

India's sugar output seen falling, global deficit rises

1 Feb 2020 (Reuters) India's 2019-20 sugar production should fall to 26.9 million tonnes.

reuters.com