Brazil Sour on Indian Sugar Subsidies After Shipments Slump — Panjiva
Más

Panjiva_research_logo

Brazil Sour on Indian Sugar Subsidies After Shipments Slump

Ags - Softs 81 Australia 87 Brazil 260 Cons. Staples - Food/Beverages 395 India 283 U.S. 3297

The Brazilian and Australian governments have launched a World Trade Organization dispute against Indian sugar subsidies. That’s not a surprise given Brazil filed a similar case against the Chinese government in 2018. There’s been a marked decline in Indian imports of sugar, with a 35.3% drop in the 12 months to Nov. 30 compared to a year earlier. Brazilian exporters saw a 75.5% slump in their shipments to India over the same period. Leading Indian importers including Shree Renuka are unlikely to have to change their supply chain strategies in the short-term though given WTO cases can ta...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.