Market info - Sugar

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Sugar crops

Poor crop is now confirmed in France with lower number week after week which tight the available resource and decrease a bit the security of supply until new crop in Sept 21.

Europe is still in structural deficit and now world market is increasing which should increase the import parity (a bit mitigate In case of Hard Brexit, there should be higher availability of preferential sugar in EU)

Most of the (French) cooperative including Cristal Union/Cristalco will pay a little bit more the beets in 20/21 to partially compensate the losses due to yellow virus and drought

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