Sao Paulo: Sugar output in Brazil’s 2021-22 center-south region is expected to be around 567 to 578 million tonnes, lower than the earlier projection of 586 million tonnes, said a broker and analyst StoneX.
The broker stated that the centre-south region received 50% lower rainfall during March and April that has impacted the sugar output.
The deficient rainfall won’t impact the sugar production much as most of the mills will divert to sugar production instead of ethanol production.
According to the news agency Reuters, the broker said in a note to clients that there are indications that Brazilian mills plan to extend the crushing period (this season), crushing cane volumes below capacity to be able to earmark more raw material to sugar production
