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

2020-06-09 www.cofeed.com
China Sugar Supply and Demand Estimates (Oct-Sept)
(0,000 tonnes) 2017/18 2018/19 2019/20 2020/2021
Final Final May Proj. Jun Proj. Jun Proj.
Beginning Stocks 229.5 130.5 131.5 131.5 111.5
Domestic Production 1031 1076 1030 1030 1060
Imports 210 325 330 330 330
Volume from Reserves 20 40 40 40 40
Informal Imports 180 100 70 70 70
Total Supply 1670.5 1671.5 1601.5 1601.5 1611.5
 
Exports 20 20 30 30 30
Domestic Consumption 1520 1520 1480 1480 1500
Toal Consumption 1540 1540 1510 1510 1530
 
Ending Stocks 130.5 131.5 91.5 91.5 81.5
Stock-to-Use Ratio 8.47% 8.54% 6.06% 6.06% 5.33%