date:Apr 10, 2019
million a year earlier, European Commission data shows.
The EU market is gradually turning into a balanced situation, which is encouraging. Nobody is making money at these prices, said Julian Price, consultant at julianprice.com and former trader at EDF Man.
Suedzucker, which plans to reduce output by 700,000 tonnes per year starting next season, expects to make another operating loss in its sugar segment of 200-300 million euros in 2019/20. Frances Tereos, the worlds second-largest sugar mak