date:Jan 05, 2016
her prices.
After five years of surpluses, global sugar output looks set to produce a shortfall in the coming season. The International Sugar Organisations latest projections show contraction of 1.15% year-on-year, working out at 169m tonnes.
This fall in production is expected to coincide with a 2.2% jump in global sugar consumption to over 172.9m tonnes, bringing the shortage to an estimated 3.5m tonnes.
However, continuing high stock levels alongside the current global export/import balanc