New York, May 7 - The International Sugar Organization on Wednesday projected a deficit in world 2008-09 sugar supply of 1.0 million to 2.0 million tonnes, from a surplus of 7.8 million in 2007-08.
Sergey Gudoshnikov, ISO senior economist, said at the second ISO/Datagro sugar conference here that world 2008/09 sugar consumption would amount to 165 million tonnes, up from 160.9 million tonnes in 2007-08.