(Bloomberg) -- Sugar in New York rose to a 12-week
high as mills in Brazil, the world's biggest producer, use more
sugar cane to make ethanol instead of the sweetener.
The center-south region of Brazil produced 5.4 million
metric tons of sugar this year as of June 15, down from 6 million
tons at the same point last year, the London-based International
Sugar Organization said today in an e-mailed report. Ethanol
output jumped 10 percent to 4.2 billion liters, the group said.
Read more at Bloomberg Commodities News
high as mills in Brazil, the world's biggest producer, use more
sugar cane to make ethanol instead of the sweetener.
The center-south region of Brazil produced 5.4 million
metric tons of sugar this year as of June 15, down from 6 million
tons at the same point last year, the London-based International
Sugar Organization said today in an e-mailed report. Ethanol
output jumped 10 percent to 4.2 billion liters, the group said.
Read more at Bloomberg Commodities News
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