Australian raw sugar exports to recover in 2012

Australian raw sugar exports are likely to be closer to 2 million tonnes in the 2011/12 season rather than the usual 3 million tonnes.  Exports are unlikely to recover and revert to the 3 million level until the 2012/13 season.  Cyclone Yasi hit Queensland and damaged its sugar cane crop in early February.  Queensland produces 90% of Australia’s sugar.

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