Sugar Markets

/Sugar Markets
Sugar Markets2019-04-18T13:55:47+02:00

National Market

The division is responsible for managing industry matters that affect the national market for sugar including statistically analysing sugar sales, supplies and demand, researching drivers of sugar demand, administering aspects of SACU/SADC sugar agreements, the administration of rebates and monitoring of the sugar tariff regime.

Export Marketing

The marketing, sales and logistics related to South Africa’s bulk raw sugar is performed by the International Marketing Division. The division focuses on achieving maximum net proceeds within an acceptable level of risk. The raw sugar is sold to refineries in the East, Middle East and the United States, either directly or through international trade houses. Price risk is managed by hedging the value of raw sugar exports on the InterContinental Exchange ICE US Futures No11. Bulk raw sugar is exported through SASA’s Sugar Terminal in Durban and the STAM Terminal in Maputo, in which SASA is a shareholder.

International Export Terminal

The South African Sugar Terminal is situated on Maydon Wharf, which forms part of the Port of Durban, the busiest harbour on the African continent.
Built in 1965, the Terminal provides storage and handling facilities for the South African Sugar Industry’s export production of bulk raw and bagged (raw and refined) sugar. It also houses a unique Molasses Mixing Plant which coats bulk raw sugar at the time of loading to produce variable levels of quality, as specified by the international buyers.

Terminal Storage Facility
Specs Silo I Silo II Silo III Warehouse
Length 249m 298m 285m
Width 64m 64m 48m
Height 28M 28M 28M
Area -+ 16 000m² 20 000m² 14 000m² 18 000m²
Storage Capacity 185 000 220 000 120 000 55 000

Tour of South African Sugar Terminal

The Sugar Terminal is situated on Maydon Wharf, which forms part of the Port of Durban, the busiest harbour on the African continent. The sugar terminal was built in the early 1960s in order to reduce the handling costs of sugar, to relieve congestion of ships in the harbour and to prevent deterioration of sugar whilst in storage. The terminal’s objectives include ensuring that sugar is available on short notice, that there is space to handle more than one grade of sugar and most importantly that the industry could strategically time the sale of sugar into overseas markets. The total raw sugar capacity of the three silos is 525 000 tons. The terminal is efficiently managed by an Operations Manager, together with the following departments: Safety (ensuring a safe working environment, compliance with relevant standards and regulations); Engineering (ensuring that the plant is operational at all times), Intake (responsible for the efficient receipting and dispatch of sugar, also assists during ship-loading) and Quality (sugar samples are taken and analysed by the laboratory to ensure that the relevant quality standards are met).

Bookings Educational Tour All Access Tour
Cost: R12.00 per child/ R25.00 Adults R25.00 per Teenager/ R45.00 Adults
Duration: 45 Minutes One hour
Additional Highly recommended for school groups Age restriction of 15 years and above for full tour route.
The maximum number of people to be taken on a full tour per a time slot is 50.

The marketing, sales and logistics related to South Africa’s bulk raw sugar is performed by the International Marketing Division. The division focuses on achieving maximum net proceeds within an acceptable level of risk. The raw sugar is sold to refineries in the East, Middle East and the United States, either directly or through international trade houses. Price risk is managed by hedging the value of raw sugar exports on the InterContinental Exchange ICE US Futures No 11. Bulk raw sugar is exported through SASA’s Sugar Terminal in Durban and the STAM Terminal in Maputo, in which SASA is a shareholder.

Contact this Division

Sugar Markets

Tel: +27 31 365 8153
Email: markets@sasa.org.za
GPS Co-Ordinates: Lat: -29.869360 | Long: 31.009610

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