date:May 13, 2016
A small, but flourishing U.S. industry of liquefied sugar makers is playing an outsized role in fueling the longest rally in years in prices in one of the worlds biggest sweetener markets.
U.S. raw sugar prices have jumped 7.3 percent this year, hitting 29 cents per lb last month, their highest in nearly four years and widening the premium over global prices to nearly 14 cents per lb, as supplies in the 11 million-tonne industry have shrunk to their lowest in four years.
Traders have attribute