date:Jul 28, 2014
urplus of 3.2 million tonnes in 2013/14. Weather risk is expected to support sugar futures in the fourth quarter of 2014 and in 2015, said Tracey Allen, commodities analyst with Rabobank in London. The extent of the impact of a drought on sucrose yields in the centre-south of Brazil will become apparent in the late third quarter or fourth quarter of 2014, she said.
The projected transition of the global sugar supply-and-demand balance into a deficit in 2014/15 is expected to keep raw sugar fut