date:Jan 26, 2016
d in top-ranked Brazil the swing towards processing cane into ethanol rather than sweetener.
Furthermore, the low sugar prices seen before futures rallied in October has meant low planting renewals and field husbandry, the bank said, highlighting expectations of a world output shortfall of some 3.5m tonnes this season and of 6m tonnes in 2016-17.
ABN, while trimming by 0.50 cents a pound to 15.00 cents a its forecast for New York raw sugar futures at the close of the January-to-March quarter, ke