Increased Production Driving Global Sugar Glut
date:Aug 10, 2018
er planted area, Mr. Fessler said.

Indias attempt to export 2 million tonnes of sugar (as mandated by the government) onto the world market has not materialized because government-mandated minimum domestic prices are above depressed global prices, Mr. Fessler said. India was rumored to be working on a deal to export 1.5 million tonnes of sugar to China over the remainder of this year and next year, as well as a plan to increase exports to Indonesia, he noted. Both prospects were unlikely, he sa
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