INTERVIEW-UPDATE 1-Licht sees narrower sugar deficit in 09/10
* Sees yr/yr rise in c/s Brazil cane crush in 2010/11
* Sees Indian sugar imports around 6 mln t 2009/10
(Adds details, byline)
By David Brough
PARIS, Nov 4 (Reuters) - The global sugar deficit is forecast to narrow to 5-7 million tonnes in 2009/10 (Oct.-Sept.) from a deficit of 9.9 million tonnes in 2008/09, Stefan Uhlenbrock, F.O. Licht's senior commodity analyst, told Reuters on Wednesday.
Uhlenbrock's comments are the German analyst Licht's first forecast for the 2009/10 global sugar balance.
He said a rise in Indian sugar output would contribute to the smaller 2009/10 deficit, and forecast Indian 2009/10 sugar production at around 18.5 million tonnes.
He added that Indian 2010/11 sugar output could stand at around 24 million tonnes. Continued...
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