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China's Agriculture Ministry: China Sugar Supply and Demand Estimates (Jul, 2020)

2020-07-10 www.cofeed.com
China Sugar Supply and Demand Estimates
Crop year: Oct-Sept 2018/19 2019/20
(Jun Proj.)
2019/20
(Jul Proj.)
2020/21
(Jun Proj.)
2020/21
(Jul Proj.)
000 hectares
Crop Area Planted 1441 1423 1453 1453 1453
   Sugarcane 1206 1191 1191 1191 1191
   Sugarbeet 235 232 262 262 262
Crop Area Harvested 1441 1423 1453 1453 1453
   Sugarcane 1206 1191 1191 1191 1191
   Sugarbeet 235 232 262 262 262
tonne/hectare
Crop Yield 62.03 56.63 58.28 58.35 58.28
   Sugarcane 69.6 61.2 64.5 63.6 64.5
   Sugarbeet 54.45 52.05 52.05 53.1 52.05
0,000 tonnes
Sugar Production 1076 1040 1050 1050 1050
   Cane Sugar 944 906 896 896 896
   Beet Sugar 132 139 154 154 154
Sugar Imports 324 304 350 350 350
Sugar Consumption 1520 1800 1520 1520 1520
Sugar Exports 19 18 18 18 18
Ending Stocks Change -139 -169 -138 -138 -138
cents/pound
International Sugar Prices 12.68 12-15 10-13 10-13 10-13
CNY/tonne
Domestic Sugar Prices 5648 5300-5800 5200-5700 5200-5700 5200-5700