date:May 06, 2013
Asia will become increasingly dependent on food imports from the West to support rising living standards, and in the sugar market affordable prices will drive demand up, sugar merchant Czarnikow said on Friday.
Sugar prices are trading at close to the lowest levels in more than 2-1/2 years as record cane output in top exporter Brazil and higher-than-expected production in Thailand and India are expected to increase surplus supplies.
A recent fall in sugar prices does not equate to falling dema