Analyst predicts 2017/18 world sugar balance to move into surplus

The world sugar balance will move into surplus in the 2017/18 marketing year, largely due to an increase in EU production as quotas come to an end.

In its first indicative view of the next sugar season, whichstarts on October 1, Agra Europe’s sister analyst FO Licht predicts a surplusof 2.0 million tonnes*, compared with a revised deficit of 5.5mt in the current2016/17 marketing year – up

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