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Cofeed: China Sugar Supply and Demand Estimates (Mar, 2021)

2021-03-10 www.cofeed.com
China Sugar Supply and Demand Estimates (Oct-Sept)
(0,000 tonnes) 2017/18 2018/19 2019/20 2020/2021
Est. Est. Est. Feb Proj. Mar Proj.
Beginning Stocks 229.5 130.5 131.5 107.51 107.51
Domestic Production 1031 1076 1040.1 1060 1060
Imports 210 325 376 400 400
Volume from Reserves 20 40 40 40 40
Informal Imports 180 100 70 70 70
Total Supply 1670.5 1671.5 1657.51 1677.51 1677.51
 
Exports 20 20 30 30 30
Domestic Consumption 1520 1520 1520 1520 1520
Toal Consumption 1540 1540 1550 1550 1550
 
Ending Stocks 130.5 131.5 107.51 127.51 127.51
Stock-to-Use Ratio 8.47% 8.54% 6.94% 8.23% 8.23%