| , | Sugar Semi- Annual | Sugar | Beijing | China - Peoples Republic of | 11/5/2009
Total Chinese centrifugal sugar output is forecast to decrease one percent to 13.2 MMT (raw value) in marketing year (MY) 2009/10. However, the total sugar production forecast is down nine percent from the original forecast due to dry conditions in the key sugar cane producing region of Guangxi. Sugar cane acreage is forecast to decease two percent due to the expansion of high-value fruits and vegetables in regions close to urban markets. Due to competition from grains and oilseeds in norther...
SUGAR SEMI-ANNUAL_Beijing_China - Peoples Republic of_2009-11-3
Apr 16 2009 | China, Peoples Republic of | Annual
Highlight: Total Chinese centrifugal sugar output is forecast to increase nine percent to 14.5 MMT (raw value) in marketing year (MY) 2009/10. Due to the industry practice of maintaining a preset purchase price for sugar cane and beets each year, the market returns and planted area for these two crops have been relatively consistent compared with other competing crops. MY 08/09 production is estimated at 13.5 MMT (raw value), down 15 percent from the previous year due to a substantial drop in yield caused by unusually low winter temperatures and excessive rainfall in summer. To boost sugar consumption, the government will likely implement further cuts in production of artificial sugar and limit its sale on the domestic market.
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