Brazil: Unica plans a jump in sugarcane crushing in the second half of March

Published 2023년 3월 24일

Tridge summary

The Sugarcane Industry Union (Unica) predicts a significant increase in sugarcane crushing in south-central Brazil in the second half of March, reaching around 5 million tonnes. This is a substantial rise from the same period last year, which saw only 1.18 million tons. The preparation for the new 2023/24 harvest has led to more plants being operational, with expectations to double the number from the previous year. Despite a slight delay due to heavy rainfall, the new harvest is projected to yield over 600 million tons, marking a growth of over 5% from the previous cycle. However, ethanol sales in the first half of March have seen a decrease, with hydrous ethanol sales falling by 19.79% compared to the same period in the previous harvest due to competitive gasoline prices.

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Original content

By Roberto Samora and Marcelo Teixeira SAO PAULO/NEW YORK (Reuters) - Sugarcane crushing in south-central Brazil will jump to around 5 million tonnes in the second half of March, before the start of the new season in April, projected this Friday the Sugarcane Industry Union (Unica). At the same time last year, the sector had processed only 1.18 million tons. The strong increase happens with more plants in operation in the second half of March, in preparation for the new 2023/24 harvest, which officially begins on April 1, indicated Unica, which represents the industries of the center-south. Unica said it expects that 36 units will restart the activities of the agricultural operation in the second half of March, these plants should join the 24 factories that operated in the first part of the month. The total number is expected to be more than double what was seen in the second part of March last year. “Such returns to operating status by these units, together with the current units ...

Source: Mixvale