• The white sugar market has traded sideways for the last two weeks, struggling to break above $380/mt.
  • White sugar production in Thailand will be similar or worse than last season’s poor crop.
  • EU sugar production may be negatively affected beet yellows virus in some regions.
  • However, India will produce too much sugar and will need to export; we expect a continuation of export subsidies to make this happen.
  • Measures to tackle coronavirus will continue to put pressure on sugar consumption across the globe.
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Ben Seed

Ben joined CZ’s analysis team in 2016 on a year long internship before returning to the University of Bath to complete an Economics Degree. Since re-joining in August 2018, Ben has led the data insights team in expanding the range and quality of data available internally and to clients through CZ App. Ben spent 3 months in CZ’s Singapore and Bangkok offices to expand his knowledge of the region and help roll out the latest data processes. He is now also responsible for the Sugar Market View published each week on CZ App.

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