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

2020-08-07 www.cofeed.com
China Sugar Supply and Demand Estimates (Oct-Sept)
(0,000 tonnes) 2017/18 2018/19 2019/20 2020/2021
Final Final Jul Proj. Aug Proj. Jul Proj. Aug Proj.
Beginning Stocks 229.5 130.5 131.5 131.5 101.51 101.51
Domestic Production 1031 1076 1040.1 1040.1 1060 1060
Imports 210 325 330 330 330 330
Volume from Reserves 20 40 40 40 40 40
Informal Imports 180 100 70 70 70 70
Total Supply 1670.5 1671.5 1611.51 1611.51 1601.51 1601.51
 
Exports 20 20 30 30 30 30
Domestic Consumption 1520 1520 1480 1480 1500 1500
Toal Consumption 1540 1540 1510 1510 1530 1530
 
Ending Stocks 130.5 131.5 101.51 101.51 71.51 71.51
Stock-to-Use Ratio 8.47% 8.54% 6.72% 6.72% 4.67% 4.67%