The Sugarcane crushing season of Brazil’s centre-south region, the main sugar belt of Brazil, is ending in November due to drier-than-normal weather. The season usually ends in December.
According to the Unica, 67 mills have already finished crushing as against 52 during the same period last year.
The falling prices of sugar in the international market has helped Brazil to emphasise more on ethanol production. The excess production of sugar kept the prices low, and the mills turned back to their favourite ethanol production as the gasoline prices have increased. It is expected that the mills will allocate more sugarcane towards ethanol output because of its huge demand.
To Listen to this News click on the play button.