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News
ISO trim forecast for 2018/19 global sugar surplus
Date:
28 Feb 2019
Source:
Moneycontrol.com
Reporter:
Reuters
News ID:
36032
Pdf:
Nlink:
The International Sugar Organization on Thursday forecast there would be a global sugar surplus of 641,000 tonnes in the 2018/19 season, down from a previous forecast of 2.17 million.
The inter-governmental body, in a quarterly report, said the smaller surplus was mainly due to diminished outlooks for production in Brazil and the European Union which was partially offset by an upward revision for Thailand.
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