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Sugar Shortage to Persist

Asia is at the heart of the global sugar supply crunch, while Russia and the United States are also likely to face big shortfalls this year, reports Reuters from London.

Imperial CEO: Sugar Prices May Spike Higher

World sugar prices, already near two-decade highs, are poised to soar even higher because of problems plaguing the cane crop in top producer Brazil and imports by leading consumer India, Imperial Sugar Company President and CEO John Sheptor has told Reuters News Service.

Europe’s Largest Sugar Producer Considers Takeovers

Europe’s Largest Sugar Producer Considers Takeovers

Europe’s largest sugar producer, Germany’s Suedzucker, is considering sugar industry takeovers in Brazil, India and Russia in the next two to four years.