Ethanol Is Capping Global Sugar Production, ISO’s Baron Says
The production of ethanol is putting a ceiling on global output of sugar and ethanol-blend mandates are “spreading like bushfires,” said Peter Baron, executive director of the International Sugar Organization, at a conference in the Philippines.
"Ethanol mandates are spreading like bushfires and this is irreversible," said Baron. Biofuel is capping sugar-output growth in countries including Brazil, Thailand and India, he said.
To contact the reporter on this story: Luzi Ann Javier in Singapore at firstname.lastname@example.org
To contact the editor responsible for this story: James Poole at email@example.com
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.