Brazil’s Center-South sugar production falls in second half of July

Sao Paulo: Sugar production in Brazil’s centre-south region fell 3.61 million metric tons in the second half of July, 2.16% drop on a yearly basis, with the drier weather hurting yields, said a report Tuesday from the industry group Unica.

In the period, the crushing of sugarcane totalled 51.31 million tons, which represents a reduction of 3.35% compared to the previous year. In conjunction with the decrease in sugar, ethanol production advanced 3.47% to 2.55 billion litres.

Unica’s report further emphasized the 10% decrease in productivity of sugarcane for July, such that the volume per hectare has been reported down to 78.75 tons from 87.5 tons per hectare last year.

The sugar mix, which reflects the allocation of cane towards sugar production, came in at 50.28%, missing a range in analysts’ expectations, and also below the mix a year ago.

LEAVE A REPLY

Please enter your comment!
Please enter your name here