date:Jul 03, 2015
eaken prices. However, the FAO sees most of the additional production coming from cane-producing countries.
Brazil to remain key
Demand for ethanol, which competes with sugar for cane in countries such as Brazil, is seen increasing, as the share of cane going to make the biofuel rises from around 20% average over 2012-14 to 26% in 2024.
Brazil is seen as keeping its dominant position as a sugar exporter, at around 40% of global exports, while Thailand boosts its market share.
India, which is