date:Nov 20, 2012
This year looks set to have proven a turning point for Brazil's sugar industry, nurturing a rebound which will drive output to a record high next season, the International Sugar Organization said, in its first forecasts for 2013-14.
The much-watched group, in a quarterly review, made only minor changes to its forecasts for the current 2012-13 season, edging its estimate for the surplus higher by 327,000 tonnes to 6.184m tonnes, reflecting higher estimates for Chinese and Mexican output.
The re