More Commodities - Sugar

Sugar: surplus stocks undermine market prices

January 27, 2020 at 12:02 PM , Der AUDITOR
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FRANKFURT. As the Federal Information Centre for Agriculture (BZL) has recently reported, this season's sugar production reached...

... 3.86 million metric tonnes In Germany in December. This is a decline of nearly 100,000 metric tonnes on 2018/2019 and of 580,000 metric tonnes since 2017/2018. The decline is mainly driven by the lower sugar content in the beets (-1.72% to 17.61%). Even the 7% rise in sugar beet production to 25.16 million metric tonnes failed to compensate for the reduced sugar content.

According to the Federal Statistical Office of Germany, imports declined by 5.1% to 73,317 metric tonnes in October-November 2019. Shipments from France were cut by 24% to 23,145 metric tonnes as the averag

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