The sugar demand of China and India will cause sugar price increases

Acccording to the British Czarnikow institution; The demand for sugar will sharply rise in the next twenty years, but the production is unable to follow the demand.
Mainly due to the two Asian countries – the world’s sugar consumption may increase to its one and half-fold until 2030, to 257 million tonnes. We can expect high sugar prices for several yars. The current leading sugar producer, Brazil may be the winner of high sugar prices, but only if they are willing to spend more to develop the weak infrastructure. Acccording to the Czarnikow, in the next twenty years, the European Union and Russia will also become sugar exporters – reports szabadfold.hu.