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The Ethiopian Sugar Corporation (ESC) recently floated an international tender for 200,000 metric tons of sugar.
MY2018/19 Nigeria sugar production is estimated to remain at 80,000 tons, the same figure reported the previous year. MY 2018/19 imports are forecast to remain relatively constant at 1.8 million tons.
China’s sugar production in marketing year (MY) 2018/19 is forecast to rise for the third straight year, primarily due to expanded sugar beet area.
While MY2018/19 Argentine forecast for sugar production and consumption maintain stable levels, exports plummet to 150,000 tons (raw value), due to stagnant production and lower beginning stocks.
India’s centrifugal sugar production in marketing year (MY) 2018/19 (Oct-Sept) is expected to rise 4.2 percent to a record 33.8 million metric tons (MMT).
Costa Rica’s sugar cane production is forecast to decline 8.31 percent in MY 2017/2018.
Mexican sugar production for marketing year 2018/19 is forecast to be 6.57 million metric tons raw value (MMT-RV), although there is not yet an official forecast.
FAS/Moscow forecasts Russia’s sugar beet production in MY 2018/19 to decrease by just over 3 percent to 47.1 million metric tons (MMT) due to a decline in yields and smaller sowing area....
Post forecasts that sugar production in South Africa will increase by 7 percent to 2.2 million MT in the 2018/19 MY, based on the improvement in sugar cane quality, better factory recoveries....
Post forecasts that sugar cane production in Swaziland will increase by 5 percent to 5,700,000 MT in the 2018/19 MY, due to good rainfall received at the beginning of the year....
Post forecasts that sugar cane production in Zimbabwe will increase by 9 percent to 3.5 million MT in the 2018/19 MY, based on a return to normal weather after the previous year’s drought....
Despite a generous export subsidy aimed at moving 2017/18 sugar off the domestic market, stocks continue to rise as only 1 million metric tons of sugar that are expected to be exported....