date:Nov 30, 2018
Analyst Green Pool said on Wednesday it had raised its forecast for an anticipated global sugar surplus in the 2018/19 season to 3.60 million tonnes, raw value, from a previous projection of 3.22 million.
The surplus was, however, still much smaller than the estimated 20.0 million tonnes for the 2017/18 season.
The Australia-based analyst said the adjustment from its last projection issued in late October was due to a fall in expected consumption reflecting lower-than-expected growth in a numb