The World Sugar Market

Sergey Gudoshnikov is a senior economist with the International Sugar Organization, London. He has been professionally involved in the global sugar industry for the last 25 years. From 1978 to 1988 he worked as a sugar trader and deputy director of the Sugar Department of V/O Prodintorg, Moscow. In 1988 he joined the Secretariat of the International Sugar Organization as an economist. He has published many articles on different aspects of the world sugar economy and has particular expertise in the sugar markets of Eastern Europe and the former Soviet Union. Linday Jolly is also a senior economist with the International Sugar Organization. His main areas of specialization are economic and policy analysis of the world's sweeteners, molasses and biofuels markets. He also has wide experience of research into commodity markets, having previously been employed at the Australian Bureau of Agricultural and Resource Economics in Canberra and the food and Agriclulture Organisation of the United Nations in Rome. He has published articles on a wide range of issues relating to the world sweeteners market and fuel ethanol from sugar crops. Donald Spence has been associated with the sugar market since the reinstatement of futures trading in 1957. As one of the original floor traders he played a part in establishing the market and helping it to evolve into the truly international arena that it is today. In 1980 he joined E.D. & F. Man where he was chiefly engaged on research. He now writes extensively on commodities, futures and options and related topics.