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Sugar: World Markets and Trade – 21st November, 2024

By USDA

22nd November 2024

Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million with higher production in China, India, and Thailand more than offsetting lower production in Brazil.

Consumption is anticipated to rise to a new record with growth in markets such as India. Exports are up due to higher shipments from Thailand. Stocks are estimated lower as reduced stocks in Thailand are projected to more than offset a rise in stocks in India.

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