date:Feb 13, 2019
etween using cane to produce either sugar or biofuel ethanol depending on which is more profitable.
The size of any deficit will also help determine the extent of any rebound with weather likely to play a key role.
If it is predicted that 2019/20 will see a sizable global deficit over 5 million tonnes then prices could rally significantly. If the deficit is seen to be closer to flat or even a small surplus then any price rise will be very minimal, one respondent said.
White sugar prices wer