S&P Global cuts 2023/24 EU sugar output forecast as pesticide ban bites
S&P Global Commodity Insights has cut its 2023/24 forecast for sugar output in the European Union plus United Kingdom by 570,000 tonnes to 16.8 million, citing the impact of a recent pesticide ban.
It is reported by hellenicshippingnews.
The outlook still represents growth of 1 million tonnes versus the 2022/23 sugar crop.
The European Court of Justice earlier this year banned that gr...