China sugar update [Dec 2021]
Domestic production output has been revised down although we believe that there still exists some further downward potential. As for imports, our calculations suggest that the arbitrage window is closed. Imports should therefore be limited in coming weeks.
China sugar update [Oct 2021]
The 2021/22 sugarbeet processing season is now effective in Inner Mongolia and Xinjiang while the first cane processing mill located in Yunnan is reported to have started the season.
Despite significant stocks being carried forward on 2021/22, prices remained quite stable over the past months.
As for imports, calculations performed do not reveal any economic incentive for domestic refiners to ship raws for refining at destination.
China sugar update [Sep 2021]
The 2021/22 season started in Inner Mongolia and Xinjiang were a total of 13 beet processing facilities were operating by October 9th. Meanwhile, imports in [Sep 21] – although no official statistics is available are expected to total 600 kt.
China sugar update [Aug 2021]
Revised expectations for the upcoming 2021/22 season, closure of the import window for refiners…
China sugar update [Jun – Jul 2021]
The last cane sugar mill stopped operations on July 2nd, putting an official end to the 2020/21 crushing season which resulted in a domestic Chinese production of 10.67 Mt.
Looking at the upcoming 2021/22 season, beet acreage is expected to fall…
China sugar update [May 2021]
The crushing season has come to an end…
China sugar update [Apr 2021]
By the end of April 2021, a total of 10.54 Mt of sugar had been produced. With only…
China sugar update [Feb 2021]
Domestic Chinese sugar production totalled 2.08 Mt in [Feb 21]: down…
China sugar update [Jan 2021]
According to China Sugar Association, the country produced 3.06 Mt of sugar…
China sugar update [Dec 2020]
According to China Sugar Association, the country produced 3.53 Mt of sugar (including 2.23 kt of cane sugar and 1.30 Mt of beet sugar) by the end of December…