Sugar production in Brazil’s key center-south region totaled 2.44 million metric tons in the first half of October, industry group UNICA said on Friday, an 8% increase when compared with a year earlier.
Sugarcane crushing in the period rose 2.75% to 33.83 million tons, UNICA said in a report.
Sugar export: 100pc receipt of export proceeds in advance made mandatory
Both figures came in above market expectations, which stood at 2.37 million tons for sugar output and 33.51 million tons for cane crushing, according to a S&P Global Commodity Insights survey.
Source: Brecorder
