Sugar

India’s extension of sugar export curbs set to tighten supply - THE EDGE SINGAPORE

Commodities

India’s extension of sugar export curbs set to tighten supply

India introduced a quota system in 2022 - 2023 and restricted sugar exports to about 6 million tons.

Broker's Calls

India’s plan to restrict sugar exports should not significantly impact Wilmar: RHB

As Wilmar mostly sells sugar domestically, it should not be significantly affected by the ban.

Commodities

What to watch in commodities: virus, oil, copper, iron ore, IEA

Commodity investors will get critical insights into energy, metals and crop markets this week against a backdrop of better-than-expected economic data and countervailing concern over the jump in coronavirus infections.

Results

Wilmar returns to profitability in 2Q with US$60.2 mil earnings

SINGAPORE (Aug 10): Agribusiness Wilmar International has swung back into the black with earnings of US$60.2 million ($82.1 million) for the 2Q17 ended June, compared to the US$220.1 million loss it posted in the same period a year ago.

Wilmar expects net loss of US$230 mil for 2Q

SINGAPORE (July 19): Wilmar International has issued a profit warning for its second quarter results ended June 30, based on a preliminary review of its unaudited financial results.
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