date:Dec 14, 2015
count in late October of up to 85 points to ICE March raw sugar futures, for November shipment.
Heavy rainfall in the second half of November had cut production and sugar content, contributing to the smaller discount to futures, traders said.
Mills, now wrapping up the crush in cent re-south Brazil, are prioritizing allocation of cane to ethanol biofuel, rather than to sugar.
Sugar content in cane subsides when the cane is wet through.
The supply of sugar is tightening up, said Michael Liddi