Global sugar market expected to decrease in 2019/20
Nov, 07, 2019 Posted by Sylvia SchandertWeek 201946
Global sugar production is expected to fall by 2.8% to 175.1m tons by 2019/20, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday.
Global sugar consumption is expected to fall 1.4% to 177.5m tons in the period, the FAO added.
This will mean a global deficit of about 2.4m tons.
FAO’s sugar price index averaged 178.3 points in October, up 5.8% from September.
The following DataLIner chart shows Brazilian sugar export trends since January 2015:
Source: Reuters
Related Post
-
Grains
Jul, 13, 2021
0
Agribusiness exports set a new record in June, surpassing US$ 12 billion
-
Shipping
May, 19, 2023
0
PortosRio leads efforts to remove abandoned vessels in Guanabara Bay
-
Ports and Terminals
May, 13, 2020
0
New regulations introduced to regulate minimum wage for port workers during coronavirus pandemic
-
Meat
Nov, 05, 2019
0
Brazilian beef exports reach best monthly result in history