date:Dec 06, 2013
en booked so far, some destined to the Al Khaleej refinery in Dubai, which has traditionally been a buyer of Brazilian sugar.
Sterling Smith, a futures specialist with Citigroup, said mills in India would want to export to generate cash.
We are awash in sugar. The impasse being broken in India will put another 1.5 to 2 million tonnes in the export corridor. And given the economic situation in India, they're going to be willing to export, Chicago-based Smith said.
STRUGGLING MILLS
Analyst Ste