date:Feb 13, 2019
e expected to end the year at $391.50 per tonne, up 17 percent from Fridays close.
Another respondent said the potential for a reduction in European Union beet sowings in 2019 could significantly tighten the white sugar market.
The sugar industry has been in turmoil since the European Union scrapped production and export quotas in 2017, prompting many producers to boost output just as sugar prices collapsed under pressure from large world stocks.
EU sugar companies are now responding to depre