|Day's Range||11.98 - 12.65|
Gautam Dalmia is the CEO of Dalmia Bharat Sugar and Industries Limited (NSE:DALMIASUG). This analysis aims first to...
Brazil's Copersucar SA, the world's largest sugar and ethanol merchant, expects ethanol demand in the United States could increase by 50% when a new U.S. policy allowing for larger sales of gasoline blended with 15% ethanol, known as E15, is fully implemented. Copersucar's Chief Executive João Roberto Teixeira said in a call with reporters on Monday that the company sees strong potential for ethanol sales in the United States, where it operates through its subsidiary Eco-Energy, in the next two to three years. "The market potential for ethanol in the U.S., as the E15 policy is gradually implemented, is significant," Teixeira said.
Brazil's Copersucar, the world's largest sugar merchant, posted a net profit of 178 million reais ($45.72 million) in the 2018/19 crop (April-March), 20% more than in the previous year, as it sharply reduced sugar sales and boosted ethanol volumes. According to a statement released on Monday, Copersucar, a partner of Cargill in the world's largest sugar trader Alvean, increased slightly its revenues from the previous crop to 28.7 billion reais.
The sugar market is volatile, but heavy price swings make for a smart investment if timed well with the markets and if individual companies perform.
A cosmetics surgery business backed by entrepreneur Lord Sugar and run by ‘Botox queen’ Dr Leah Totton, on Friday opened its largest ever clinic in a move that doubles its presence in the UK. Totton, the winner of Lord Sugar’s The Apprentice show in 2013, said the new 2000 square feet Baker Street branch marks Dr Leah Clinics’ biggest-ever investment. The new site will offer treatments such as hair transplants, thread facelifts, mole removals and botox .
India's sugar production could fall as much as 15% in 2019/20 from the year before as severe drought hits a key growing region, industry sources told Reuters. The drop would ease pressure on Indian sugar mills to export surplus sugar, likely supporting global prices that fell more than 20% last year, partly due to subsidised shipments from the country. The world's No.2 producer of the sweetener could churn out 28 to 29 million tonnes in the 2019/20 crop year starting from October, down from 33 million tonnes this year, said Prakash Naiknavare, managing director of the National Federation of Cooperative Sugar Factories Ltd (NFCSF).
Forget about artificial sweeteners and other not-quite sugar substitutes. The secret to reengineering sugar is structural, not chemical.
Mondelez India is playing the “health card” to build on its lead in the chocolate segment. In doing so, the company, known for products like Cadbury chocolate, and Oreo biscuits, is taking a cue from beverage giants Pepsi and Coca-Cola, which now offer nutritional products, and soft drinks with reduced sugar content. The company, which has a 65% share of the country’s Rs12,090 crore ($1.73 billion) chocolate confectionery market, yesterday (June 10) launched a variant of its popular Dairy Milk chocolate—but with less sugar.
Her desserts are often not at all sweet and she couldn't give a fig if people complain that they don't look great on Instagram. The 32-year-old French woman, who is about to have her first child, is the creator of a whole new genre of guilt-free patisserie. For Prealpato it is not about how a dessert looks, it's how it tastes -- and the feelgood glow afterwards.
The International Sugar Organization (ISO) on Monday forecast a global sugar surplus of 1.83 million tonnes in the 2018/19 season, up from a previous estimate of 641,000 tonnes. The increase reflects "spectacular" production in India and Thailand as well as a diminished outlook for sugar consumption, the inter-governmental body said in a quarterly report. "At this late stage of the crop cycle, the world sugar economy has managed to generate some late-season surprises, worsening the fundamental picture," the ISO said.
Insulin-dependent patients with type 2 diabetes saw a significant drop in their blood sugar levels after wearing Abbott Laboratories Inc's continuous glucose monitoring system for three months compared with when they were not using the device, researchers said on Saturday. The study, which was presented at the American Diabetes Association meeting in San Francisco, assessed the medical records of 363 type 2 diabetics in France, Germany and Austria between three and six months. Dr. Helene Hanaire of the University Hospital Center of Toulouse, France, one of the study authors, said having ready access to their blood glucose readings helped diabetics become more engaged with controlling their glucose levels.
U.S. stocks have rocketed higher this week thanks to a sudden dovish tilt from Federal Reserve policy officials as the futures market screams for multiple rate cuts this year.Suddenly, the U.S. economy is looking uneven as a fiscal drag (President Donald Trump's tax cuts are fading), a deepening trade rift and weakness overseas taps the brakes on things like manufacturing activity.And just like that, instead of worrying about increasing regulation on big technology stocks or a disruption to global supply chains into and out of China, Wall Street is enjoying the sugar rush from the promise of another dose of ultra-cheap money from the Fed. They don't even play coy anymore -- they're just a bunch of liquidity junkies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe U.S. dollar is weakening in response, as monetary malfeasance raises the risk of runaway inflation and higher commodity prices. * 7 Stocks to Buy That Don't Care About Tariffs Gold and silver stocks briefly caught a bid today in response, sending the metals up off recent technical support levels. While most of their share prices normalized, all of these stocks exhibit strong technical signals to watch into next week. Related mining stocks have pushed higher as well. Here are five gold stocks and silver stocks ready for new money: Harmony Gold Mining (HMY) Click to EnlargeShares of Harmony Gold Mining (NYSE:HMY)are rising up and off of support form its 50-week moving average, set for another challenge of its 200-week moving average and a possible end to a four-year downtrend.The company explores, develops, and processes gold producing properties in South Africa and Papua New Guinea.Shares were recently upgraded to overweight by analysts at JPMorgan. Back in December, the company and its Wafi-Galpu Joint Venture partner Newcrest Mining Limited signed an agreement with the Independent State of Papua New Guinea to proceed with the development of that new project. Kinross Gold (KGC) Click to Enlarge Shares of Kinross Gold (NYSE:KGC) are challenging their 200-day moving average, rising more than 40% off of their recent low in what looks like a setup for a run at the early 2018 highs near $4.75.Such a move would be worth a gain of nearly 40% from here. The company produces precious metals in its facilities throughout the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania.As of the end of 2018, the company has proven and probable mineral reserves of roughly 25.5 million ounces of gold. The company will next report results on July 31 after the close. Analysts are looking for earnings of two cents per share on revenues of $815.7 million. * 7 Stocks to Buy As They Hit 52-Week Lows When the company last reported on May 7, earnings of seven cents per share beat estimates by five cents despite a 12.4% decline in revenues. NovaGold Resources (NG) Click to Enlarge Shares of NovaGold Resources (NYSEAMERICAN:NG) are rising up and off of solid support going back to 2015, setting the stage for a challenge of the mid-2018 highs near $5, which would be worth a gain of roughly 20% from here. The company is focused on developing its Donlin Gold project.The company recently reported a loss of two cents per share, matching the estimates of two analysts, while reaffirming their forward guidance. The Donlin Gold project is a large, still undeveloped deposit about 280 miles northwest of Anchorage, Alaska.The deposit has proven and probable reserves estimates at 33.9 million ounces of gold and a rate of around 2.1 grams per ton. Barrick Gold (GOLD) Click to EnlargeShares of Barrick Gold (NYSE:GOLD)are rising off of a solid base of support near the $12-a-share level to once again attempt a breakout above its 200-week moving average that's been in play since late 2017.Earlier this month, management indicated that company leadership had met with government officials in Papua New Guinea to reaffirm their commitment to a mining lease extension set to expire on Aug. 16.The company will next report results on July 24 before the bell. Analysts are looking for earnings of eight cents per share on revenues of $2.1 billion. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% When the company last reported on May 8, earnings of 11 cents per share beat estimates by two cents on a 16.9% rise in revenues. First Majestic Silver (AG) Click to Enlarge Shares of First Majestic (NYSE:AG) are rallying off of multi-year support near the $5-a-share level, ready for a breakout above the 200-week moving average.The stock has basically gone nowhere since 2016, but looks ready to come out of hibernation. Analysts at B. Riley FBR recently initiated coverage, noting the stock offers significant leverage to silver prices.The company will next report results on Aug. 13 before the bell. Analysts are looking for a loss of two cents per share on revenues of $134.9 million.When the company last reported on May 9, earnings of a penny per share beat estimates by four cents on a 48.1% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 5 Gold and Silver Stocks Touching Intraday Highs appeared first on InvestorPlace.
John Holliday has been the CEO of Rogers Sugar Inc. (TSE:RSI) since 2015. This analysis aims first to contrast CEO...
When K.C.P. Sugar and Industries Corporation Limited (NSE:KCPSUGIND) announced its most recent earnings (31 March...
British sugar trader Czarnikow has entered as a partner in a new ethanol trading company in Brazil, in a joint venture with a group of local investors who control sugar and ethanol plants, according to documents released on Friday by the Brazilian government. CADE, the Brazilian anti-trust watchdog, said it has approved the creation of the ethanol trading venture after a request by Czarnikow and its partners Vale do Tijuco Açúcar e Álcool SA and Canápolis Açúcar e Etanol SA. Both Brazilian companies are controlled by a group of investors including IndoAgri Brazil Participações and investment fund Marseille FIP.
Brazil's Copersucar, the world's largest sugar merchant, expects global trade flow of the sweetener to reach equilibrium between supply and demand in the second half of 2019, which could lead to a price recovery, a top company official said on Thursday. Lower sugar production in some of the main producers, such as Brazil and Thailand, will erase a surplus of 9.9 million tonnes seen in the end of the 2017/18 global crop, whose season lasts from October to September, according to Copersucar's strategy director, Tomas Caetano Manzano. In a presentation at a sugar conference organized by research company Pecege, Manzano said he is positive about the current sugar market and forecast higher average raw sugar prices in 2019 than last year.
Soybeans prices are down on Friday due to trade war and profit taking; Sugar is negative big as experts are forecasting another year of surplus.
A global sugar deficit of 6.7 million tonnes is seen developing in 2019/20, following a 401,000-tonne surplus in the previous season, Luca Meierhofer, head of global cash trading at Louis Dreyfus Company, said in a presentation on Wednesday. Production in historic top-producer Brazil is seen rising only slightly in the season to 26.7 million tonnes, from 26.5 million tonnes in 2018/19, Meierhofer said at an event at New York Sugar Week.
Indian and Thai sugar production are expected to fall in the 2019/20 season, contributing to a global supply deficit, but large stockpiles in both countries are likely to continue to hang over the market, said Jeremy Austin, general director of Sucden Brazil. A global sugar deficit of 2.5 million tonnes is seen developing in 2019/20 after a small surplus in the previous year, Austin said in a presentation at an industry event at New York Sugar Week. Indian sugar production in 2019/20 is seen between 27 and 28 million tonnes, while Thai sugar production is seen at 13.5 million tonnes compared to 14.6 million tonnes in the previous year.
A global sugar deficit of 2.34 million tonnes is seen developing in the 2019/20 season, compared with a 0.48 million-tonne surplus in 2018/19, as output from major Asian players is set to fall, said Plinio Nastari, president of consultancy Datagro. The global sugar market has been weighed down this season by plentiful supplies, especially from India. Expectations that output there and in Thailand will fall in 2019/20 should help buoy the market, but high stockpiles in both countries and rising production elsewhere could limit gains.
Declining sugar production from major Asian producers in 2019/20 is seen contributing to a global supply deficit for the year, broker INTL FCStone said on Tuesday. Production of white sugar in India, Asia's top producer, is seen falling to 28.6 million tonnes in 2019/20 from its record-large 2018/19 crop of 32.9 million tonnes, the broker said in a presentation at an industry event during New York Sugar Week. Thailand's production of raw sugar in 2019/20 is seen falling to 13.5 million tonnes from 14.8 million in the previous season, due to growing competition from more lucrative crops like cassava.