China: Sugar Annual
China’s sugar production in marketing year (MY) 2017/18 is forecast to expand as high prices and favorable returns are encouraging farmers to plant more sugar cane and sugar beets. As a result, sugar imports are expected to fall for the second year in a row. However, a great deal of uncertainty remains over Chinese government policy, and its impact on the market. China’s Ministry of Commerce has indicated it will announce the result of its safeguard investigation into sugar imports on May 22, 2017, and this could have a major impact on the supply and demand situation.
China: Sugar Annual