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Sugar Production surpasses Projection

Between 2016 and 2017 sugar production for the Caribbean surpassed its projection of 406,000 tonnes by 12,000 tonnes. The Sugar Association of the Caribbean says that the figures affirm the region’s capability to supply the regional market, estimated at 320,000 tonnes for both brown and white sugar.  For its 67th Annual Board Meeting, association members including the Belize Sugar Industries Limited met in Belize where members reaffirmed their plans to continue to supply the needs of the regional sugar market for both brown and white sugar. Members also discussed the effect that the removal of domestic production quotas in the European sugar market as of October 1, 2017, will have on prices. To overcome this hurdle, regional producers have announced that they have begun in earnest to produce value-added sugar products. Belize, for example, has been producing sugar of 99.5 pol, which is the international benchmark for refined sugar.In addition to sugar products, Belize Sugar Industries has invested in co-generation that has allowed it to supply 11 megawatts of power to the national grid and has plans to increase this supply shortly.During the meeting in Belize, members made a visit to the Santander Sugar Company which produces sugar for the export market with 7,000 hectares of land, of which 5,000 is currently cultivated and expected to produce 60,000 tonnes of sugar in 2017/18.