Brazil: Sugar production increases 37 per cent late in July

Sao Paulo/New York: Brazil has witnessed an increase in sugar production by 37 per cent in the second half of July compared with the same period last year. The sugar mills in the country are focusing more on sugar production rather than ethanol production.

According to the industry group Unica report, mills processed 50.47 million tonnes of sugar cane in the second part of July, 1.15 per cent more than last year and slightly above market expectations for the period.

After coronavirus impacted the ethanol industry, sugar mills are diverting more cane towards sugar production. Due to which, sugar output increased massively in the country. Brazil comes second on a global tally of coronavirus cases after the United States

To Listen to this News click on the play button.

LEAVE A REPLY

Please enter your comment!
Please enter your name here