Taking advantage of favourable global sugar prices, China is ramping up sugar imports to fill its demand-supply gap.
Chinese imports of raw sugar surged in June—a trend that likely continued through most of July. This increase is primarily driven by policy changes restricting access to Thai sugar syrup and premix powder imports, aggressive use of import quotas, and domestic supply-demand gaps, despite the expectation of higher domestic production. China’s sugar imports surged 1,435%
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