(Bloomberg) -- Sugar in New York rose on
speculation that output from Brazil, the world's largest
producer, may be less than anticipated as mills use most of the
country's record sugarcane crop to make ethanol.
Mills in Brazil's center-south, which produce 85 percent of
the country's sugar and ethanol, have used less than 45 percent
of the crop to make sweetener, said Antonio Padua, technical
director of the regional industry association known as Unica.
From May to November, 55 percent of the cane may go into fuel,
he said June 25.
Read more at Bloomberg Commodities News
speculation that output from Brazil, the world's largest
producer, may be less than anticipated as mills use most of the
country's record sugarcane crop to make ethanol.
Mills in Brazil's center-south, which produce 85 percent of
the country's sugar and ethanol, have used less than 45 percent
of the crop to make sweetener, said Antonio Padua, technical
director of the regional industry association known as Unica.
From May to November, 55 percent of the cane may go into fuel,
he said June 25.
Read more at Bloomberg Commodities News
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