Global sugar deficit of 6,7 million tonnes seen in 2019/2020 — Louis Dreyfus
A global sugar deficit of 6,7 million tonnes is seen developing in 2019/2020, following a 401,000-tonne surplus in the previous season.
Luca Meierhofer, head of global cash trading at Louis Dreyfus Company, said on Wednesday, Reuters reports.
Production in historic top-producer Brazil is seen rising only slightly in the season to 2...