date:Jul 28, 2014
ures trading upwards, Allen added. ICE raw sugar futures are expected to rise to 19.3 cents a lb at the end of 2014, underpinned by concerns over supply due to weather risks in the fourth quarter, such as El Nino, which could erode yields in India, Thailand and Indonesia.
El Nino-induced rains across southern Brazil in the fourth quarter could limit the pace of the harvest in the centre-south and dilute sucrose yields, limiting sugar production. The median forecast for cane production in centr