See Updated Green Pool Commodities analysis – 27 February 2019 which calculates a conservative revenue loss for the Australian sugar industry of $469 million over the three years 2017/18 to 2019/20.
An earlier analysis from Green Pool Commodities (8 November 2018) provides information on the state of the global sugar industry prices.
We recommend you read alongside the November edition of ASMC’s publication Sugar Policy Insights
Key points in the Green Pool Commodities report include:
- India is a high cost producer of sugar
- Overproduction of sugar in India is structural
- The recent market rally is likely to be short-lived, and
- A surplus of 5-7 MT is of consequence to the global market.