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Commodities Briefing - Categorized | Agriculture, Trends more

Demand for sugar on the rise

Posted on 18 December 2012

According to the Financial Times, “a mysterious white substance is being smuggled over the border from Vietnam to China in growing quantities.” Of course this substance is a staple of modern Western society and something increasingly in demand in China and other emerging markets.
The FT states that: “China is the world’s top importer of raw sugar and third-largest consumer overall. Toby Cohen, a director at London sugar merchant Czarnikow, points out that China’s overall sugar consumption is still low in per capita terms, and expects it to keep growing. China could consume “double the volume of sugar it is consuming today, and still be consuming less on a per capita basis than the western economies,” he said.”……………………………………Full Article: Source


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VRS - who has written 37062 posts on Opalesque Commodities Briefing.


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