China's Sugar Market in 2014/2015 Crushing Season and Its Future Prospect
2014/2015 crushing season was the first year of China's sugar production decreasing cycle.Sugar production had fallen dramatically,the gap between sugar supply and demand gap continued to expand,and imports rose sharply.In the role of automatic licensing system,industry and self-regulation policies of sugar companies,domestic sugar prices rebounded obviously,the sugar industry achieved a sharp reduction in losses,farmers' income continued to decline in the role of the sugar price cut.During the " Eleventh Five-year Plan",the acreage of sugar and sugar production would enter a increasing period after a yield reduction period but with slow growing rate.The expansion of population size and improvement of economic level would boost sugar consumption growth.The gap between supply and demand would result in huge sugar imports.Sugar prices would slow recovery under the influence of the trend of the international market supply and demand toward a tight situation,domestic policy support,industry self-regulation and other factors.
sugarproductiondemand and supplypriceimportinternational sugar marketprospect