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

2021-04-08 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. Mar Proj. Apr  Proj.
Beginning Stocks 229.5 130.5 131.5 107.51 107.51
Domestic Production 1031 1076 1040.1 1060 1177.62
Imports 210 325 376 400 450
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 1737.62
 
Exports 20 20 30 30 30
Domestic Consumption 1520 1520 1520 1520 1550
Toal Consumption 1540 1540 1550 1550 1580
 
Ending Stocks 130.5 131.5 107.51 127.51 157.62
Stock-to-Use Ratio 8.47% 8.54% 6.94% 8.23% 9.98%