date:Nov 22, 2018
ion tonnes, according to the report.
Indian production, meanwhile, is set to rise 1.8 million tonnes to a record 35.9 million as a greater share of land is dedicated to cultivating sugar.
This is the first time in more than 15 years that Indian production would exceed Brazils, according to the report.
Higher Indian production is set to drive an increase in global stocks, which are expected to rise to a record 53 million tonnes, even as consumption increases.
Global consumption is expected to