Tridge summary
Czarnikow has increased its global sugar surplus forecast for the 2024/25 season to 4.7 million metric tons from 4.5 million tons, due to anticipated growth in Colombian production. The company's global supply for the 2024/25 season is now projected to reach 184.7 million tons, a slight increase from the previous estimation. In contrast, global sugar demand for the same season is expected to rise to 180.0 million tons from the previous estimate of 179.7 million tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Czarnikow has revised its global sugar surplus forecast for the 2024/25 season upwards, now estimated at 4.7 million metric tons, due to projected growth in Colombian production. The supply chain services company had previously estimated a surplus of 4.5 million tons. According to the report, global supply for 2024/25 is expected to reach 184.7 million tons, up 0.4 million from the previous projection and up from 181.5 million tons last season. “The slight increase in our global production estimate reflects positive adjustments to the projections for Colombia, where we expect sugar production to ...
Source: Portal Do Agronegocio
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