March 1, 2008

World Sugar 2007-08

World sugar availability for 2007-08 is forecasted at 209.97 million tons, of which carryover stocks from previous season 06-07 stood at 44.53 million tonnes and the new sugar season production is expected to be 165.44 million tonnes which is up by 4.1 million tons from previous year. Consumption is estimated at 154.8 million tons, up 5.9 million tons. Exports are forecasted at 51.19 million tons, up 2.4 million tons; and ending stocks are forecasted at 55.09 million tons, up 10.56 million tons v/s 2006-07. Higher production in Brazil, India, China and Thailand has once again led to a record sugar production in 2007-08 sugar seasons.

No comments: