date:Oct 12, 2012
sweetener, could also add to bullish sentiment in sugar, Haque said. Millers may opt to make more of the biofuel next year if the government there chooses to bring the mandatory blend into gasoline back to 25 percent from 20 percent now, she said. Ethanol could become more profitable if rising corn prices result in more imports from the U.S.
Changing dynamics in Brazils ethanol market have the potential to curb sugar output there too, Haque said.
Prices rallies are unlikely to take sugar abov