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ISO sees 3.8 million tonnes sugar deficit in 2016/17

The International Sugar Organization (ISO) on Friday raised its 2015/16 global sugar deficit forecast to 6.65 million tonnes, from its previous forecast made in February for a deficit of 5.0 million tonnes. The London-based ISO, in its latest quarterly report, also forecast there would be a global sugar deficit of about 3.8 million tonnes in 2016/7. The following table includes forecasts for…
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