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Cofeed: China Sugar Supply and Demand Estimates (May, 2020)

2020-05-09 www.cofeed.com
China Sugar Supply and Demand Estimates (Oct-Sept)
(0,000 tonnes) 2017/18 2018/19 2019/20
Final Final Apr Proj. May Proj.
Beginning Stocks 229.5 130.5 131.5 131.5
Domestic Production 1031 1076 1020 1030
Imports 210 325 330 330
Volume from Reserves 20 40 40 40
Informal Imports 180 100 70 70
Total Supply 1670.5 1671.5 1591.5 1601.5
 
Exports 20 20 30 30
Domestic Consumption 1520 1520 1480 1480
Toal Consumption 1540 1540 1510 1510
 
Ending Stocks 130.5 131.5 81.5 91.5
Stock-to-Use Ratio 8.47% 8.54% 5.40% 6.06%