Citigroup says rising ethanol demand will push sugar prices higher

November 10, 2010 |

In New York, Citigroup says that growing demand for ethanol from sugarcane will continue to push sugar prices higher. Already sugar prices keep bouncing between 29 and 30-year highs but as sugarcane continues to be the most efficient biofuel feedstock, sugar prices will keep getting stronger.

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Category: Fuels

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