Sugar
World statistical surplus to increase to 5.15 mln tonnes in 2017/18
Record world sugar production at 178.70 mln tonnes despite lower output in Brazil
Global use of sugar to grow by 1.6%
World statistical surplus overhangs the market
Record net-short position for non-commercial investors in New York
EU and Indian domestic prices fell by more than 15%
Special Focus
A Survey of Sugar Taxes Worldwide
Commodity Prices
Oil prices strengthen to highest level since 2014
Agricultural commodity prices decline in the fourth quarter of 2017
World Fuel Ethanol
Record production level forecast for 2018
Global trade expected to show little growth
US surplus a major market factor
Bioplastics and Biochemicals
Use of bioplastics set to grow at least 50% in the next five years
Cogeneration
In Brazil biomass power increased 7% in 2018
Alternative Sweeteners
EU Isoglucose production quotas removed
US HFCS offtake to decline further in 2018
Molasses
Global production to rise sharply in 2017/18
Molasses prices weaken again
WTO Update
Limited progress in Buenos Aires
RTAs
Regional Trade Agreements are growing in number
EU-Mercosur negotiations reach critical stage
i-iii Executive Brief 1 World Sugar Market 1 World Balance 2 Supply 2 Production 10 Export Availability 12 Demand 12 Consumption 13 Imports Demand 15 Brief(18)01 – Mid-term Review 16 World Market Events and Prices 19 Currency Movements 21 Domestic Markets and Prices 23 Special Focus 23 Sugar Taxes – A Country Survey 27 Commodity Prices 29 World Fuel Ethanol 29 Overview 30 Production 32 Consumption 34 Ethanol Trade 35 Prices 38 Bioplastics and Biochemicals 39 Cogeneration 40 Alternative Sweeteners 40 High Fructose Corn Syrup 43 Intensive Sweeteners 44 Molasses 48 WTO Update 49 Regional Trade Agreements 51 World Sugar Balance Estimates The views expressed in this document are those of the ISO Secretariat. They do not necessarily represent the views of the ISO Members.