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Next year, India can shift Brazil as leading sugar producer

11.09.2018 23:38 "Agro Perspectiva" (Kyiv) As to the leading global experts, within the next year India will relinquish Brazil as the world leading sugar producer on the global market, Ukrainian National Association of Sugar Producers says referring to the Reuters report. Thus, Brazil will lose its world leading position firstly since the 1990s- due to still greater number of the Brazilian sugar plants having started switching unto the ethanol output and owing to Brazil sugar cane cultivation having started getting still less investments. In meanwhile, Indian sugar sector is getting still higher State support, and so within 2018–19MY India is expected to produce 35million tons sugar (its record high). At the same time, experts assume the Brazil is certain to decline its sugar output by 10million tons- down to just 30million tons.

Agro Perspectiva

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