date:Apr 10, 2019
pean prices, but in the real world prices have firmed up quite a bit and should continue to do so, said John Stansfield, a sugar analyst at Group Sopex.
The rise in prices follows a poor EU harvest that has left output for the 2018/19 season at around 18 million tonnes, down some 3 million tonnes from 2017/18. The 2019/20 EU harvest is also seen at around 18 million tonnes following reduced beet plantings.
EU sugar stocks meanwhile slumped to 12.7 million tonnes at the end of January from 15.2