date:Feb 10, 2014
Mexico, in India but also in Europe, where yields have dropped significantly, it said.
The data provider said it forecast global sugar production at 180.1 million tonnes in 2014/15, up from 178.4 million tonnes in 2013/14.
Despite lower prices but because of better weather we expect the world to produce more sugar in 2014/15 than it did in 2013/14, Platts Kingsman said.
However, lower prices have stimulated consumption and the net effect is a projected smaller surplus in 2014/15 than in 20