Between February 10 and 13, the Dubai Sugar Conference gathered global industry leaders to discuss the sugar market. Andy Duff, from Rabobank, shared insights on the 2024/25 season, predicting a supply-demand balance, though export availability will stay limited — even with India’s 1 million-ton export quota. Brazil’s sugar stocks are expected to remain low. The event, called the year’s biggest by Duff, included producers from Brazil, India, Thailand, Australia, and Europe, plus Middle Eastern refineries. It serves as a key barometer of market sentiment for the year ahead.
Source: Nova Cana