India is expected to overtake Brazil as the world's top sugar producer in 2007/08 (October/September), the International Sugar Organization (ISO) said on Monday. The London-based ISO forecast in its latest monthly report Indian sugar output in 2007/08 at an all-time high of 33.15 million tonnes, up 8 per cent year-on-year. India, the world's top sugar consumer, has exported 1.5 million tonnes of white sugar since January 2007, when a ban on overseas sales ended, the ISO said, quoting industry reports."This indicates that logistical infrastructure bottlenecks are not as tight as previously expected in some quarters and the industry may ship significantly more than 3 million tonnes of sugar a year," the ISO said. To get rid of the sugar surplus India has cast an eye on the raw sugar market and, according to the press, the industry has managed to sell around 550,000 tonnes of raws to refineries in the Middle East, the ISO said.
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