THE SUGAR OUTLOOK

Hokitika Guardian, 17 February 1925, Page 3

THE SUGAR OUTLOOK

The decline in marked .'values of sugar lias been brought about by the i.ig increase in tiie estimates of the world sugar crop, Cuba alone having :m increase in the estimated production of over 6)0,1)40 tons, or a total crop of 4.721.71 I tons, as compared with a final cut-turn of 1.066.612 tons for the previous season. The total world production of both cane and licet sugars is estimated at 22,632.911 tons, showing an increase i f 2.93-1.026 lons over the final prnleictkm of the last, season. Din ing the pc -i couple o! years the consumption of sugar in North Anieri,a. United Kingdom and Europe has shown a nm i .'cable increase, and although the* crop estimates for this sec,son show a total increase in production of cl esc* on three million tons, w hen the new ere p of Cuban raws came on the market there ’.veto less than cute week’s supply of old crop Cuban sugars on hand, thus showing that in 7921 consumption had increased something like a million and a halt tons. With a fairly low pi ice this wear on refined sugar, eonplec! with the fact tint Europe is gradually coming hack financially, it is quite likely that the year 1925 will likewise show an increased consumption that will prnedi-nlly take care of the inc rease in this vein’s production.

According to the Rome International Institute of Agriculture this \ear’s (1921) production of sugar beets • r the countries furnishing 80 per (cnl of the world's output amounts to 27.1 million metric unis, an increase of 10

per cent over last year and 35 per cent over the average for the previous live \ears. The sugar-content of .beets appears in several ut the must important producing countries to be slightly lower than that of previous years. In i Jarman v. for example, the first analyses for the sugar-producing season 1024-25 have shown a sugar-content of 1-LoO

per cent against last season’s average of 15.50 per cent. In O.e ho-Slovakia average niigar-ccoitent is gi\en at 17.65 per cent. compared with 18.00 per cent. Nevertheless, in these two countries there will be a total production of over 2.600.009 metric tons,

compared with 2.150.G0U in 102:5-21. 11l Polo mi the output will amount to 500,- !);;:> metric tons, as against -120,000 meti ic tens in 1023-21, and in Be lgium t;, 365.0f0 metric tans, compared with 293.-100 metric tons. It is estimated that these four i ountrie.s, which supply about 50 per cent of the world’s beetsugar, will produce about 0.500.000

metric tons of raw sugar, an increase of 2- per cent on last season.