Indonesia: Sugar Annual
MY 2016/17 sugarcane tonnage grew as a result of La Nina conditions, although sucrose yields fell due to flowering. Post expects sucrose yields to rise based on the expectation of more favorable weather in 2017. Thus, MY 2017/18 Indonesian plantation white sugar production will increase to 2.2 MMT compared to 2.05 MMT produced in MY2016/17, while sugarcane production will remain stable at 28 MMT. MY 2016/17 raw sugar and refined sugar import estimates are increased to 3.5 MMT and 300,000 MT (raw sugar equivalent). 2017/18 imports are expected to fall to 3.35 MMT based on rebounding sugar production and the expectation of favorable weather.
