date:Aug 27, 2018
to massive surges in production.
Against that backdrop, uncertainty surrounds sugar demand.
Demand is stationary or even declining in the European Union, the U.S. and Australia, says Shaw, as consumers opt for healthier alternatives. The U.S. Department of Agriculture forecasts total domestic sugar use for the 2018-19 fiscal year at 11.33 million metric tons, little changed from the 11.27 million expected for the current fiscal year. However, in the rest of the world, sugar demand is almost ce