Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Tuesday, January 31, 2012

Global sugar surplus to halve next season

Business Recorder (Pakistan)
January 29, 2012 RECORDER REPORT

The global sugar surplus is forecast to more than halve into next season, and prices look set to ease by the end of the year, according to a Reuters poll of 17 analysts issued on Monday.

The key questions for the global sugar trade in 2012 will be whether cane output in top producer Brazil recovers after a production setback, when and how much Brazilian cane will be converted into ethanol biofuel instead of sugar, and the outlook for exports from number two producer India.

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