China: Sugar Semi-annual

  |   Attaché Report (GAIN)

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China’s MY 2016/17 sugar production is expected to rebound slightly from the 15-year low of 2015/16, as high domestic prices have encouraged expanded sugar area. Production, however, is still forecast far below previous levels, and China will remain the world’s largest importer. On September 22, 2016, the China’s Ministry of Commerce (MOFCOM) issued a notice announcing the initiation of a safeguard measure investigation against imported sugar. Sugar stocks are expected to continue to shrink, and sugar prices continue to rise, in MY 2016/17.

China: Sugar Semi-annual

East Asia and the Pacific, China
Sugar

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