Tag Archives: European Union

Release of EU Sugar Quota: A Sweet Opportunity for First-Generation Sugar Users

On September 30, 2017, the European Union’s sugar quota system will be abolished to allow greater market orientation among European sugar producers. The sugar quota system was established in 1968 to set a price floor, production limits, and import limits to insulate European sugar producers and end-users from price volatility on the global sugar market. With the abolishment next month, sugar producers will be able to ramp up production and exports, resulting in a variety of implications for downstream industries. Continue reading