China's 2016/2017 sugar output at more than 2.3 million tonnes by last December - state planner

Image
Reuters BEIJING
Last Updated : Jan 06 2017 | 1:07 PM IST

By Dominique Patton

BEIJING (Reuters) - China's 2016/17 sugar production had reached more than 2.3 million tonnes by December, the state planner said on Friday, citing data from the China Sugar Association.

The National Development and Reform Commission did not give comparable figures for last year but a major industry website earlier reported a significant increase in output from the country's top producing region of Guangxi.

Guangxi, origin of about two-thirds of the country's sugar cane, had produced 1.35 million tonnes of sugar by the end of December, up 270,000 tonnes, or 25 percent, from last year.

Analysts have forecast a significant jump in China's sugar output this season, which began in November, thanks to more normal rainfall patterns in the southern sugar cane regions compared with last year.

Expanded acreage of sugar beet in northern provinces is also seen helping lift output to around 9.5 million tonnes from 8.7 million tonnes last season.

One of the world's top sugar importers, sales in the 2016/17 season so far have reached 1.2 million tonnes, added the NDRC.

(Reporting by Beijing Monitoring Desk and Dominique Patton; Editing by Joseph Radford)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 06 2017 | 12:51 PM IST

Next Story