Capitalising on favourable global prices, China is likely to continue to import and add to its sugar stocks.
As domestic production continues to lag behind consumption, China remains heavily reliant on sugar imports. However, as highlighted in our previous analysis report, many Asian countries—including China and Indonesia—are making concerted efforts to reduce import dependence by expanding domestic sugar production. To safeguard local cane growers and millers, tighter import controls are being imposed. In
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