World sugar 2021-22

Agrimoney’s Markets Extra is collating estimates for where leading commentators estimate global sugar supply and demand balances for 2021-22.

Note that it is tricky to make close comparisons between estimates, as different analysts can use different crop years (eg, the International Sugar Organization sticks strictly by an October-to-September year, while many other groups use an amalgam of local crop years).

Furthermore, some commentators quote tonnage on a raw sugar basis, other on a white sugar basis, and others use so-called "tel quel" - or "as it comes".

Note also that for many analyses, the change of stocks is not just derived from the gap between production and consumption, with some commentators, for instance, factoring in an element for losses.

Estimates for 2020-21 can be found by clicking here.