date:Nov 20, 2012
growth pauses in 2014-15, when extra cane is seen going to make ethanol rather than sugar.
Looking ahead into 2014/15, the ISO tentatively assumes modest cane production growth of about 11m tonnes, with the bulk of additional output allocated to ethanol production and little, if any, increase in sugar output.
'Neatly balanced'
The forecasts spell an extra 1.6m tonnes of sugar production next season from Brazil alone.
Nonetheless, the group was cautious over prospects for another year of glo