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Warning over record decline in sugar supply

Posted on 26 February 2009

From FT: Global sugar production is poised for a record fall this year due to funding constraints caused by the credit crisis and structural problems in the market, Czarnikow, the sugar merchant, warned on Wednesday.

Production is forecast to fall 15.2m tonnes, or 8.9 per cent, to 155.3m tonnes in 2008-09, leading to a supply deficit of 10.4m tonnes….. Full Article: Source


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