date:Dec 23, 2015
ng surplus sugar to the market, which would conspire to again drop prices.
So we have a potential swing of more than 10 million tons, which is more than enough to prevent any surplus or deficit, the firm said.
In reais, raw sugar prices marked a new all-time high today, said Michael McDougall, head of the Brazil desk at Societe Generale.
The question is, will they react to these extraordinary prices by increasing investment or will the falling real only make things financially more complicate