date:Aug 27, 2018
om supply deficit to supply surplus in the past year and a half, says Sal Gilbertie, president and chief investment officer at Teucrium Trading. This year, both India, the worlds second-largest producer of sugar, and Thailand, the worlds fourth-largest sugar producer, are having record production years, which has ballooned the surplus.
World sugar production is forecast to reach a record level of 187.6 million metric tons in the 2017-18 marketing year, according to the United Nations Food and A