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Global sugar market seen shifting to deficit in 2014-15
date:Jul 28, 2014
ey reason for the expected shift to a sugar deficit was expectations of rising global consumption of the sweetener.

I expect world demand to grow by 4.2 million tonnes during 2014/15 (October/September), said Bruno Conte de Lima, analyst with INTL FC Stone. This might more than offset production increases by some countries. Oxley said the expected deficit in 2014/15 was unlikely to underpin prices for long as output quotas would end in 2017, giving incentives to European producers to raise pro

12/22 03:13