Jason Barton

Professional Information and Energy News

Brazil’s Cosan Rises as Sugar, Ethanol Prices Climb

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By Paulo Winterstein

Dec. 28 (Bloomberg) — Cosan SA Industria & Comercio, the world’s biggest sugar-cane processor, gained to a 15-month high as the price of the sweetener rose in New York and demand for fuel pushed up ethanol prices in Chicago.

Cosan rose 3 percent to 24.40 reais in Sao Paulo trading, the highest level since September 2008.

Read the entire article here.

Written by Jason

December 29th, 2009 at 8:49 am