Sugarcane| World sugar market looks headed for its first deficit.

World sugar market looks headed for its first deficit for six years, analyst Green Pool said, predicting that more deficits could follow over several years. Green Pool have predicted a global sugar deficit in 2015-16, 5.0 million tonnes after a surplus of 1.7 million tonnes in the prior year. However India’s sugar production rose 14% in the first 4 months of current season.