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
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >