Part 1 The history of sugar: Early history; Sugar in the twentieth century. Part 2 The global picture: The current world picture; Costs of production; Alternative sweeteners; World fuel ethanol – analysis and outlook. Part 3 Physicals: Sugar pricing; Freight; Statistical analysis; The Sugar Association of London (SAL) and The Refined Sugar Association (RSA); Supervision; Sugar quality. Part 4 Futures: Futures and options; The exchanges; The investment funds and technical analysis. Part 5 Administration and management: Payment and documents; Accounting; Finance and risk management. Part 6 Regional markets: The European Union; The United States; Sugar markets of the Former Soviet Union (FSU) countries. Part 7 Appendices.