Raw-sugar prices will tumble 22 percent in New York to 20 cents a pound by year-end as Brazil, the largest producer, increases exports, said K.C. Lee, a senior analyst at CJ Corp., South Korea’s largest sugar refiner.
http://www.businessweek.com/news/2010-02-18/sugar-to-fall-22-as-brazil-exports-rise-korea-s-cj-corp-says.html