(Bloomberg) -- Sugar futures in New York rose on
speculation mills in Brazil, the biggest producer, may turn more
of a record sugar cane crop into ethanol and make less of the
sweetener than expected.
Mills in Brazil's center-south, the main sugar cane-growing
area, have turned less than 45 percent of the crop into sugar,
said Antonio Padua, technical director of the Center-South Sugar
and Ethanol Industry Association, known as Unica. Producers may
turn 55 percent of the harvest into ethanol, he said June 25.
Read more at Bloomberg Commodities News
speculation mills in Brazil, the biggest producer, may turn more
of a record sugar cane crop into ethanol and make less of the
sweetener than expected.
Mills in Brazil's center-south, the main sugar cane-growing
area, have turned less than 45 percent of the crop into sugar,
said Antonio Padua, technical director of the Center-South Sugar
and Ethanol Industry Association, known as Unica. Producers may
turn 55 percent of the harvest into ethanol, he said June 25.
Read more at Bloomberg Commodities News
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