date:Jun 08, 2012
However, EU sugar prices remain high partly due to quotas set by the European Union.
General Outlook
In itsSugar Quarterly Q2 2012report, Rabobank said that strong harvests in Thailand and India had added to the certainty of a substantial surplus in the current crop year and had driven prices down.
New York raw sugar futures fell around 20% from the first week of March to the final week of May to US $19.8/lb, with a projected surplus that may keep prices down.
With the Thai and Indian harve