date:Dec 28, 2012
ces.
The rationale for this may have more to do with improving the finances of Petrobras than with helping out the cane sector, but nevertheless, the effective increase in the ceiling price for hydrous ethanol that would result from an official gasoline price hike would be supportive for sugar.
Modest downward revisions to production forecasts in countries such as India, Thailand and Russia in recent weeks have been offset by upward revisions to projections for Brazil, Mexico and others. As a