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.
Related news
Related news
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >