Home -  Press Room - 
China revises down sugar output forecast for 2022-2023

Xinhua | April 17, 2023

Share:

A villager takes care of sugar cane in Duanqiao Town of Guanling Buyi and Miao Autonomous County, southwest China's Guizhou Province, Feb. 18, 2023. (Photo by Wu Changchen/Xinhua)

China's sugar output from October 2022 to September 2023 is expected to reach 9 million tonnes, according to a Ministry of Agriculture and Rural Affairs report.

The projected output was down 330,000 tonnes from the previous forecast made last month, according to the report released by Chinese Agricultural Supply and Demand Estimates, under the ministry's Chinese Agriculture Outlook Committee.

The monthly analysis report attributed the revision to lower sugarcane output in south China's Guangxi Zhuang Autonomous Region, the country's major sugar manufacturing base.

The report also said sugar prices in the Chinese market would rise to a price range of 5,950 yuan (about 863.8 U.S. dollars) to 6,550 yuan, up from the forecast of 5,650-6,200 yuan made in March this year.

It cautioned about an impact on the domestic sugar market from sugar production and the export situation on the international market.