Brazil main cane region seen keeping sugar mix near record-low — Archer Consulting

 

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Mills in Brazil’s main center-south cane growing region are predicted to allocate 36 percent of the 2019/20 crop to sugar production, near last season’s estimated record low of 35 percent, Sao Paulo-based Archer Consulting said

It is reported by Reuters.

While cane crushers continue to show a preference for ethanol, Archer’s figure is below consensus predictions of a sugar allocation of just below 40 percent in a Reuters poll last month. Brazil’s center-south region is forecast to produce 572 million tonnes of cane in 2019/20, Archer said.


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