Raw sugar futures held steady in New York as traders mull rising output from India against estimates that mills in top grower Brazil may divert more cane to making ethanol rather than the sweetener.
Raw sugar futures held steady in New York as traders mull rising output from India against estimates that mills in top grower Brazil may divert more cane to making ethanol rather than the sweetener.
A sugar cane harvest in Brazil. Photographer: Paulo Fridman