Brazil: Center-South Brazil H2 August sugar cane crush seen up 9.6% on year

 

Sao Paulo — The sugar cane crush in the key Center-South Brazil region is expected to total 47.68 million mt in the second half of August, an increase of 9.6% year on year, an S&P Global Platts survey of analysts showed Monday.

"The crushing in CS was mostly uninterrupted during the last 16 days of August. We wouldn't be surprised to see even higher crushing volumes in the official release," the analyst said.

The proportion of cane used for sugar production is expected to be 36.52%, down from 37.64% a year earlier. Brazilian producers are expected to maintain the trend so far this season and keep favoring ethanol production over sugar.

Link: https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/090919-center-south-brazil-h2-august-sugar-cane-crush-seen-up-96-on-year-survey

Tin miễn phí