Dive Summary:
- U.S. sugar users have claimed that sugar suppliers are grossly exaggerating their supply, a claim that has sent those producers looking for new business.
- The major recipient of this business has been companies in the EU who have begun to enjoy increased supplier opportunity.
- These changes in the sugar market have come amid several ongoing sugar reforms in both the U.S. and the EU, making industry analysts weary as to what the outcomes of the current industry climate may be.
From the article:
Sugar users in the EU have welcomed plans to release more sugar to the market, while counterparts in the US have condemned the sugar lobby for allegedly exaggerating available supplies.
