On December 20, Gelonghui, COFCO Sugar (600737.SH) said at an investor exchange conference that from a global perspective, sugar, as a commodity traded commodity, has the characteristics of concentrated producers and scattered importers. China is an important producer and consumer of sugar. Domestic sugar consumption has remained above 15 million tons, and annual demand has a natural increase of 1%-1.5%. Due to resource endowments, domestic sugar production is around 10 million tons per year, and the gap is partly made up by imported sugar and other substitutes. At present, the annual consumption of sugar per capita in China has exceeded 10 kg, but it is still less than 50% of the world average, and there is potential for growth.
中粮糖业(600737.SH)：目前国内人均年食糖消费量已突破10公斤，但仍不及世界平均水平的50%，存在增长潜力
COFCO Sugar (600737.SH): At present, the annual consumption of sugar per capita in China has exceeded 10 kg, but it is still less than 50% of the world average, and there is potential for growth
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