Global sugar supply to improve as output rises in Asia, Europe.

Byline: S. Kamal Hayder Kazmi

The world's sugar supply balance is expected to improve in the 2021/22 season that started this month due to higher production in Asia and Europe, which will partially offset another poor year in Brazil, broker StoneX said in a report on Tuesday. Despite the improvement, the season will still see demand surpassing production for the third consecutive year, the report said, projecting a supply deficit of 800,000 tonnes in 2021/22 compared to a deficit of 2.9 million tonnes in 2020/21, meaning stocks will continue to decrease. Thailand's...