Tags : sugar

Breaking News

South African News and Market Update: Tongaat Hulett reports total

JSE-listed sugar producer and land developer Tongaat Hulett on Monday reported a total loss of up to R266 million in a trading statement for the six months to September 30, 2021. The Durban-based group, which is due to release its latest interim results on Thursday (Dec. 9) highlighted hyperinflation in Zimbabwe, as well as unrest in KwaZulu-Natalin July and Covid-19 pressure, as the main reasons for the expected loss. For its 2020 half-year, Tongaat Hulett an adjusted profit of R241 million, and the turnaround appeared to remain on track despite the Covid-19 pandemic. Tongaat Hulett noted in its trading statement that for the latest

Breaking News

Sugar Technical Analysis Summary

The Brazilian Agricultural Association UNICA (União da Indústria de Cana-de-Açúcar) reported a reduction in sugar cane processing in the 1st half of November 2021 by only 38% to 12.5 million tons compared to the same period in 2020. Read more.

Business

Sugar Technical Analysis Summary

On the daily timeframe, SUGAR: D1 is in a triangle. He must go up from it before opening a position. A number of technical analysis indicators have formed signals for further growth. Read more.