China – Out-of-quota sugar imports expected to be over 2 mln t in 2014/15 [Full subscriber]

With the 2014/15 output expected to decline by 13% to 12.6 mln t raw value (mtrv) from 14.5 mtrv in the previous year, while consumption is expected to increase by 3.5% to 17 mtrv, according to Czarnikow, it is high likely that the out of quota imports will breach 1.9 mln t.… Login to continue