India boosts larger deficit in global sugar supply
The world's sugar supply balance is expected to deteriorate in the 2021/22 season that started in October due to higher use of sugarcane to ethanol production in India and lower production in Brazil, broker StoneX said on Tuesday.
It is reported by Reuters.
The season will see demand surpassing production for the third consecutive year, StoneX said, projecting a supply deficit of 1.8 million tonnes, 1 million tonnes more tha...