Macquarie Says Sugar May Fall to 17C by 2nd QuarterIsis Almeida
Raw sugar futures may fall to 17 cents a pound by the second quarter, Kona Haque, an analyst at Macquarie Group Ltd., said on a call with reporters today.
Brazilian millers may switch to ethanol if prices fall below 17 cents a pound, she said.
(Corrects timing in first sentence.)
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