International Sugar Journal

Projected sugar surplus in 2022/23 is growing [Full subscriber]

Abstract As the world was emerging from the Covid-19 pandemic earlier this year, it was thrown off course by the Russian invasion of Ukraine. Geopolitical instability and conflicts now remain a top concern as the greatest risk to global growth over the next 12 months. Production costs are rising. We are in a totally new world, and companies are going to have to reconfigure how they think about their operations. Against this backdrop, the global sugar industry, invariably sucked in the vortex of the storm will have to manage. Sugar prices are holding up, moderated as much by climate volatility…

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