Dominican Republic: Sugar Semi-annual
For Marketing Year 2017/2018 (MY17/18), Post forecasts overall production to be higher than MY16/17, at 590,000 MT due to favorable weather conditions. During MY 16/17, total sugar production reached 542,122 MT. For MY 17/18, Post forecasts exports of raw cane sugar at 185,000 MT, similar to MY 16/17. Since the United States is the only major export market for Dominican Republic (DR) sugar, this volume is similar to the DR’s country allocation for the U.S. tariff-rate quota (TRQ) for Fiscal Year 2018 (FY 2018). During MY 17/18, Post forecasts imports of 20,000 MT, slightly less than the 25,000 MT imported during MY 15/16.
