You are here: Home » Reuters » News
Business Standard

Informa's AI sees global sugar surplus in 2018/19

Reuters  |  LONDON 

LONDON (Reuters) - Informa's Agribusiness Intelligence said on Tuesday it sees a global sugar surplus of 7.2 million tonnes in 2018/19, down marginally from a surplus of 7.3 million in 2017/18."The unexpectedly strong increase in Thailand's and India's sugar production this season has raised the global surplus in 2017/18 significantly above initial expectations," the company which includes sugar analysts F.O. Licht said."Current projections point to another massive surplus in 2018/19 which suggests (global) prices will remain under pressure for the near future."EU sugar prices were also ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, July 10 2018. 18:06 IST