Business Overview

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Sugar is mostly produced from sugarcane in most parts of world although in some parts of world sugar is also produced from sugerbeet. Brazil is biggest produces of sugar in world.

Sugar found its use as a sweetener and as a food addictive.

Business wise sugar industry is a cyclical industry and world over is traded on most commodity exchanges, Its the demand supply balance which decides the sugar price and currently demand supply balance is in the favor of demand where supply is more than demand which leads to a consistent fall of sugar prices and with more production capacities coming up all over world the prices are not expected to recover soon.

Ethanol

Ethanol is normally produced from sugarcane, corn and sugerbeet and is used in various industries worldwide. In some countries ethanol is produced as byproduct during sugar manufacturing.

Ethanol is most talked about in recent times due to its use as possible replacement of oil and in many countries it is already blended in oil and used as fuel for motor vehicles. Ethanol prices go up or down with sugar prices because most manufactures in world has capability to switch from sugar to ethanol according to market demand and thereby keeping ethanol prices in check. Higher oil prices usually create higher demand for ethanol and if oil prices don't come down from their highs then demand for ethanol will certainly rise and will push its price up..