China: Sugar Annual

  |   Attaché Report (GAIN)   |   CH2024-0058
China’s MY 2024/25 sugar production is forecast at 10.4 MMT as the planted areas for both cane and beet are expected to rise. Given sugar prices are expected to trend down, China’s MY 2024/25 sugar consumption estimate is also forecast to increase to 15.7 MMT. The estimate for China’s MY 2023/24 sugar production is revised downward to 9.9 MMT due to low sugar content in cane grown in Guangxi.

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