Queensland Sugar: prospects for the global price of sugar "positive".

According to Queensland Sugar Limited <P> (QueenslandSugarLtd), due to rebuild inventories and increased demand for ethanol, raw sugar prices may rise. .</ P> <P> "It looks very positive," the company chairman Pooh (AlanWinney) Bloomberg Television interview. ."World stock markets in the 20-year low level. We are starting to see some problems exporting countries - Thailand, civil unrest, South Africa is lower than normal levels of exports - you really start to see the renewed focus on alcohol." </ .P> <P> According to the International Sugar Organization, as of September 30 year, global inventories will fall to 5.28 million tons, or 32% of global consumption, which is the lowest rate for 20 years. .Queensland Sugar transport more than 90% of Australia's raw sugar. .</ P> <P> "This is very interesting in the sugar industry 12 or 18 months, prices rose sharply after 2009, fell back in 2010," Pooh said today. ."The world still does need to rebuild inventories." </ P> <P> 5 28 May trading, July crude for delivery in New York ICEFutures sugar fell 4.9% to 14.19 cents a pound. .Its price rose in the Feb. 1 to 30.4 cents per pound, from 15 January 1981 the highest level since. .</ P>.