Brazil: The cassava starch industry reduces crushing by 9%
Published May 6, 2024
Tridge summary
Last week, the cassava processing volume by the starch industry saw a 9% decrease, reaching 61.6 thousand tons, as reported by Cepea, due to fewer crushing days caused by the May 1st holiday. This has led to an increase in idleness, with 51% of the capacity being underutilized on average. Despite high temperatures and low humidity affecting the plant growth, producers are still harvesting in large quantities, resulting in a surplus of raw materials and maintaining the supply exceeding demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The volume of cassava processed by the starch industry last week fell 9% compared to the previous week, totaling 61.6 thousand tons, according to Cepea estimates. According to researchers from this Center, the drop was mainly linked to the lower number of crushing days, taking into account the May 1st holiday (Labor Day). With the reduction in crushing, idleness rose again, to 51% of installed capacity on a weekly average, according to a Cepea survey. The supply of raw materials, in turn, continued to exceed demand. This ...
Source: NoticiasAgricolas
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