It is reported by hellenicshippingnews.

The figure was 168,400 mt higher than the consensus expectations of 457,600 mt from 10 analysts that S&P Global Platts surveyed Nov. 22.

Mills in CS Brazil crushed 12.55 million mt of sugarcane in H1 November, down 38.4% year on year, UNICA said.

Sugar’s share of the sugarcane crush for H1 November was 39.2%, compared with 41.9% a year ago.

The cumulative sugar crush in CS Brazil since the start of the 2021-22 crop year April 1 through the first half of November was 516.97 million mt, down 11.8% compared with the same period in the 2020-21 crop year.

Sugar production since April 1 reached 31.84 million mt, or a decrease of 15.4% from the same period in the 2020-21 crop year.

A total of 75 mills were operating as of Nov. 16, down 39 from the same period a year ago.

Total recoverable sugar, or ATR, in H1 November was 133.4 kg/mt, down 12.9% year on year.

Ethanol production from sugar in CS Brazil was 741.5 million liters in H1 November, down 36.9% from a year earlier, UNICA said. Hydrous ethanol production accounted for 360 million liters of the total volume, down 46.6% on the year, with anhydrous ethanol output down 23.9% at 381.5 million liters, it said.

Between the start of the 2021-22 harvest April 1 and Nov. 16, ethanol production from sugar totaled 25.84 billion liters, with 15.45 billion liters of hydrous ethanol and 10.39 billion liters of anhydrous ethanol being produced.