International Sugar Market Report 11th May 2020

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New York and London closed higher in sympathy with the higher prices in world petroleum markets. Prices in petroleum futures still have a long way to go before Ethanol processing becomes profitable again, but prices in the sector seem to be trending higher. More Sugarcane is now available for processing into Sugar. The Brazil mills are trying to cover the lack of White Sugar in the market and have shifted to Sugar at the expense of Ethanol production

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