ISO cuts forecast for 2024/25 global sugar deficit
The International Sugar Organization (ISO) on Wednesday (Nov 20) cut its forecast for an expected global sugar deficit in the 2024/25 season to 2.51 million tonnes, down from a previous projection of 3.58 million tonnes.
It is reported by The Business Times.
The inter-governmental body, in a quarterly update, also estimated there was a global surplus of 1.31 million tonnes in the 2023/24 season (October/September)...