Colosseum a.s. (Colosseum a.s.)
Commodities  |  September 20, 2012 14:47:28

Sugar production in China, the second highest in history

ColosseumAnalysts polled by Bloomberg expect to obtain in season 2012/13 (starts in October) will supply China which is the biggest importérom sugar in the world market 13.7 million tonnes of sugar, which is 19% more compared to a likely production this year. The Chinese farmers enlarge the area in which they grow sugar cane and the weather is also favorable. The next time we marketingovom year, global sugar surplus, should have been according to Rabobank International estimates about 5.2 million tons, while this year will offer 8.4 million higher compared to consumption.

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