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Outlook ‘09: Sugar looking sweet

Posted on 03 March 2009

From Farmonline.com.au: Sugar is looking sweet for Australian growers for the current and 2009-10 season - thanks to the low Australian dollar and cuts in production in the European Union and India.

Increased demand from China and India and the continued diversion of Brazilian sugar cane into ethanol production is also helping boost world prices in the short-term, according to the latest forecasts from ABARE….. Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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