web stats analysis

Sugar News - ISO estimates world sugar production at 181.9 million tonne for the 2022 23 season
logo
Download Our Android App From Google Play Store

ISO estimates world sugar production at 181.9 million tonne for the 2022-23 season

The International Sugar Organization has forecasted that sugar production may increase by around +4.5% year on year basis to a 5-year high of 181.9 million tonne in 2022-23 season, as a result, global sugar market would be in a surplus of +5.6 MMT. However, higher sugar output in India is bearish for prices. India’s Sugarcane acreages has increased by +5.4% year-on-year basis, and sugar production is expected to increase by +2.9% year-on-year basis to 35.8 MMT.