date:Mar 04, 2016
, just below the session high at 14.69 cents, the highest since Jan. 5.
Dealers said an anticipated rise in Brazil sugar production this year could be curbed if mills opted to increase the amount of cane used to produce ethanol.
Brazils oils and fuels regulator ANP said on Wednesday there was the potential for larger use of hydrous ethanol this year.
Dealers said supplies had also been tightened by drought-eroded yields in both India and Thailand.
May white sugar settled up $6.80, or 1.7 per