Final 2020/21 sugar output is anticipated to total 31 Mt with Southern states expected to add an extra 0.3 Mt (to the current 30.7 Mt) during the “special” season that traditionally occurs in [Jun – Sep].
With domestic consumption pegged at 26 Mt and export shipments likely to total 6.7 Mt, an estimated 8 Mt of sugar is to be carried forward onto 2021/22 by 01 October 2021.
As for the upcoming 2021/22 season, we anticipate…

End of the 2021 Australian cane crush, official signing of the Australia-UK Free Trade Agreement, imports climbing up in Vietnam

The 2021/22 season (Oct-Sep basis) is now in full flow with 11.5 Mt of sugar produced nationwide by the end

Current updates on the 2021/22 cane crush, analysis of the latest export and domestic consumption data available, price dynamics and