date:Jan 05, 2016
in consumer and producer countries, it remains to be seen where the next large buying spree emanates from.
Morgan Stanley
After more than a year of low prices, a shrinking global surplus, coupled with limited reinvestment in cane plantings, should conspire to lift prices year on year in 2015-16.
In Brazil, above-normal rain and limited reinvestment in cane fields have lowered the cumulative ATR, the amount of sugar produced per unit of cane crushed, to the lowest in at least six years.
Falli