date:Jul 13, 2015
ers to make radical cuts to their production.
European pressure
This was especially so when the incentive for Brazilian mills to turn cane in ethanol, rather than sugar, may be curtailed thanks to large US supplies of the biofuel available to the world market, and to a form dollar/weak real too.
With the dollar strong, once would expect some added cane to be used for sugar output, Ms Ganes-Chase said, with weakness in the real boosting the appeal to mills of producing the sweetener, a more impor