Abares raises estimate of sugar backlog, forecasts 11-year price low
date:Sep 16, 2015
g availability.

World sugar exports are forecast to rise by 3% to 61m tonnes.

Thai sugar exports are forecast to rise by 12%, to a record 9.5m tonnes.

Sugar production is forecast to decline in neighbouring countries, including China, Indonesia and Malaysia, so exports from Thailand are expected to be directed to these markets, Abares said.

Indian sugar exports are seen at 3.2m tonnes in 201516, up 28% from the previous year.

This forecast increase assumes the Indian Government will continu
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