Global sugar shortage outlook raised by green pool on El Nino

According to Australia based research organization, Green pool commodity specialists, the world is heading for a second straight annual deficit, following half a decade of surpluses. It says drought is eroding potential production in India, Thailand and China for this season and the next. Green Pool also increased its estimate for the 2015-16 shortage. The researcher now expects a deficit of 6.65 million tons, compared with an earlier forecast of 4.14 million tons. |
Global sugar shortage outlook raised by green pool on El Nino
Reviewed by Ajit Kumar
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