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Tuesday, 09 August 2011

Mauritius sugar production 7.1% lower than expected

Due to poor weather conditions, Mauritius has been forced to correct its sugar production forecast for 2011 by 7.1 percent. The government expects a weak harvest with a mere 390,000 tons of sugar as opposed to 420,000 in prior predictions, said Prime Minister Navinchandra Ramgoolam. Overall, sugar makes up 1.2 percent of Mauritius’ GDP. After a WTO verdict, the EU had to cut its guaranteed price policy for sugar exporting ACP countries by 36%, prompting Mauritius to focus more strongly on the export of value-added sugar.

Source: CTA/Reuters

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