Industrialists await an appointment with producers to set the new price for sugarcane in Ecuador

After the National Federation of Sugar Producers of Ecuador (Fenazúcar) won the protection action that it filed for the increase in the price of a ton of sugar cane from 31.70 to 35.05 dollars, it awaits an appointment with the producers to fix the new cost. “We hope to work together, the agribusiness sector and sugarcane growers, so that the new price of the raw material is the result of a dialogue, with a technical basis, analysis of sensitivities to ensure the well-being of all the actors in the sugar chain, and the sustainability of Ecuadorian agribusiness in the face of a competitive and critical international context,” Fenazúcar said in a statement. However, the position of the Ministry of Agriculture is that they will insist on legal action to protect the interests of the most vulnerable sectors of the production chain. “The court ruling goes against the neediest in the sugarcane production chain. We will continue to defend the interests of those who have no voice to seek ...