Global: Use of sugar cane for ethanol production on the rise

Published 2021년 7월 30일

Tridge summary

Concerns about the availability of sugar in Brazil's new season due to less profitable export production, preference for ethanol production, and adverse effects of drought and frost. India's plan to produce less sugar in favor of ethanol could reduce production to 27 million tons by 2025. The United States and Thailand also expect to produce less sugar due to heat and drought. In the European Union, damage to beet fields due to flooding is not significant. The sugar market is barely reacting to the disappointing harvest forecasts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Brazil there are concerns about the availability of sufficient sugar in the new season. That is what RVO.nl writes in the report after the monthly sugar consultation of the European Commission. Due to currency developments, it is currently less profitable for Brazil to produce sugar for the export market. In addition, local refineries currently prefer the production of ethanol due to high fuel prices. Furthermore, the drought and frost in Brazil seem to have more adverse effects on the size of the harvest than previously expected. Less sugar from India India has presented a plan to give the sugar sector the opportunity to produce ethanol in addition to sugar in the coming years. This is expected to reduce sugar production to 27 million tons per year by 2025. This year India will produce about 33 million tons of sugar. For the further harvest situation worldwide, sugar experts in Brussels report that the United States has lowered production expectations due to the ongoing heat ...
Source: Nieuwe Oogst

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