EU Sugar production to drop to 15.8 million tonnes as EU sugar stocks recover

julianprice.com

Friday, July 8, 2022

The European Commission estimates that EU27 sugar production will decrease by 5% in 2022/23 owing to the recent dry and hot weather. However, due to the increase in production last year 2021/22, EU ending stocks of sugar are expected to recover to 1.9 million tonnes, more than 50% higher than the very low ending stocks last year of 1.2 million tonnes.

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