date:Nov 20, 2012
vision was, nonetheless, sufficient to edge to above 40%, from around 40%, the estimate for the world sugar stocks-to-consumption ratio, a key pricing metric, for the season.
The assessment reinforces the initial view that the period of low stocks environment, one of the main market characteristics for four seasons from 2008-09 to 2011-12, and which drove raw sugar prices back above 30 cents a pound, is likely to be over, the ISO said.
'Yields should improve again'
And Brazil, whose revived p