ISO envisages wider world sugar surplus in 2011/12
2011-11-21 17:05:44
The International Sugar Organisation on Thursday forecast a global sugar surplus of 4.46m tonnes in 2011/12, but was not certain that the surplus phase would continue into 2012/13.
"First tentative indications show that next season (2012/13) world production may equal global use of sugar," said the report.