The Argentine sugar sector closed the harvest with positive numbers

Published 2024년 11월 2일

Tridge summary

The 2024 sugarcane campaign in Argentina saw a successful conclusion, with milling reaching approximately 17 million tons, a significant recovery from the initial projections of 19.5 million tons following frost damage. The sector also experienced a 30% increase in bioethanol production, with plans to boost exports and make investments in sustainability. A new biofuels law is under consideration in the National Congress to eliminate quotas and fixed prices, aiming for a more competitive market. Jorge Feijóo, president of the Argentine Sugar Center, has proposed aligning energy policies in the region, similar to Brazil's approach.

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Original content

(NAP) The 2024 sugarcane campaign in Argentina concluded with a positive balance, despite not reaching the initial projections: the milling in Tucumán will reach approximately 17 million tons, exceeding the 15.4 million of the previous harvest. Although a total of 19.5 million tons was expected, the sector has shown a remarkable recovery after the frosts in the middle of the year. Bioethanol, a key component in sugar production, also shows significant growth. The projection for this year is 600,000 cubic meters, which represents an increase of 30% compared to the previous year. "This increase strengthens the national energy matrix and reduces dependence on imported fossil fuels," said the president of the Argentine Sugar Center, Jorge Feijóo. Exports The boost in exports is another of the pillars of the sector. So far, 300,000 tons of sugar have been shipped, and with the contracts already signed, the total is expected to reach 560,000 tons, a figure significantly higher than the ...

Source: Noticias Agropecurias