EID Sugar Business

Real value per million metric ton 15 8.78 9.13 10 5 O -5 -10 -15 -20 06/07 11.75 11.52 4.30 All 8.02 Large global deficit estimated for SY 2019-20 Global production surplus/deficit and raw sugar price average (Oct/Sep basis) 11.41 30 -7.62 -6.34 3.39 25 2.84 0.23 0.52 20 -15.98 07/08 08/09 09/10 10/11 11/12 Source: S&P Global Platt Analytics 12/13 ✰ Lower production in Brazil, India and Thailand 13/14 14/15 15/16 16/17 previous estimates 17/18 18/19 -6.16 15 Deficit yet Cents per Pound 19/20* 20/21* 10 to be fully priced PARRYS 10 murugappa

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