Brazil center-south sugar output down 5 percent

Cumulative sugar production at 20.01 MMT: From April through mid-September, center-south (CS) output is down 4.9 percent YOY and down 14.2 percent from the five-year average. Cumulative recovery is down 6.1 percent YOY at 45.7 kg of sugar per MT of cane. Per UNICA, [...]

India sugar export subsidy, ethanol price hike approved

Export subsidy policy continued: India’s Cabinet Committee on Economic Affairs (CCEA) approved an export subsidy of Rs. 10,448 per MT (around US$6.63 cents per cwt) for 2019/20 exports. Total cost is officially estimated at Rs. 62.68 billion (more than US$875 million). Despite objections—WTO complaints—from [...]

Brazil center-south ethanol sales up as crush winds down ahead of the new campaign

For the 2018/19 April-March center-south cane campaign, crush through mid-February is up 3.6 percent YOY. With the sugar share at 35 percent for the season to date, cumulative sugar production reached 26.36 MMT, down 26.5 percent YOY. Cane ethanol production, meanwhile, is up 19.5 percent [...]

Tracking lower sugar production & sugar share of cane use in Brazil

In the first half of December, cane crush in Brazil’s center-south was up 21.9 percent YOY. With the sugar share—the percentage of sugarcane crushed for sugar rather than for ethanol manufacturing—for that period at just 28 percent, sugar production was only 418,000 metric tons [...]