News

Sugarcane farmers in Mekong Delta suffer losses due to low prices

The price of sugarcane has fallen from 700-800 VND a kilogramme at the beginning of the harvest season last October to 500-550 VND now, but there are still few buyers. In Cu Lao Dung district, sugarcane on many fields has become over-mature but their owners cannot ...

Vietnamnet reporter

Sugar traders ordered to balance inventory amid glut

Banned sugar re-exporters must balance their inventories by month-end, according to a letter from the Directorate of Trade, one sugar trader told The Myanmar Times. The order comes amid an oversupply of sugar in Myanmar and collapse in the price of sugar bound for China, from ...

Sugar rush puts monster mill well ahead of target

Cambodia’s biggest sugar mill has finished its two-month production run, producing half a million tonnes of refined white sugar, nearly five times what the company predicted at the beginning of the harvest season, a company representative said on May 22. Kuy Yoeurn, an administrative manager ...

More products seek GI status

The European Union is expected to include Kampong Speu palm sugar into its registry of protected geographical indicators products by July, with the government now hoping the increased demand and added value of Cambodian agricultural products would pave the way for Kampot salt to receive ...

Sugar and pepper get protection

Geographical indication status for Kampot pepper and Kampong Speu palm sugar has been accepted in Vietnam. The agreement gives legal protection to both products and stops unscrupulous traders in Vietnam passing off local produce as Cambodian. The deal was reached last Wednesday after negotiations involving the ...

VN sugar production down 13%

Sugar output in the 2015-16 crop was 1.23 million tonnes, a year-on-year drop of 12.7 percent, said Phạm Quốc Doanh, Chairman of the Việt Nam Sugarcane and Sugar Association, at a seminar in HCM City last week of sugar producers, distributors and consumers. Together with 185,000 ...

Vietnam firm eyes transferring sugar mill in Laos

Hoang Anh Gia Lai Group has finally confirmed it is negotiating with Thanh Thanh Cong to transfer its sugar mill in Laos to TTC – both companies are giants in their field, Vietnam’s local media reported this week. TTC is known as the leading player in ...

Large M&A deal could change Vietnam’s sugar industry

Hoang Anh Gia Lai Group HAGL has finally confirmed that it is negotiating with Thanh Thanh Cong on the transfer of its sugar mill in Laos to TTC. As both of them are giants in their field, the deal is expected to lead to big ...

Thailand to overhaul sugar policy

Thailand, the world’s second largest sugar exporter after Brazil, is to overhaul its sugar production and distribution systems for the first time in more than three decades in order to avoid being challenged by Brazil at the World Trade Organization. The move is unlikely to make ...

Monster sugar mill eats through sugarcane supply

Just three months since starting production, Cambodia’s largest sugar mill is sitting idle due to a shortage of its primary input sugarcane, a provincial Agriculture Ministry official said on August 7. Poeung Trida, director of the Preah Vihear Agricultural Department, said Rui Feng (Cambodia) International Company’s ...

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