The first half of May witnessed the lower output of sugar at 2.376 million mt, in the Center-South region of Brazil. The data released by the trade association UNICA shows that the sugar output has dropped by 4.39% compared with last year.
UNICA stated that the mills in CS Brazil have crushed 41.07 million mt of sugarcane in H1 May which was down 3.01% year on year.
Sugar production since April 1 reached 4.529 million mt or a decrease of 17.51% from the same period in the 2020-21 crop year.
According to spglobal.com, a trader based in Sao Paulo said, “The reduction in the cane crush for H1 May was because of an average 10-12 day delayed start to the 2021-22 harvest because of poor cane maturation, which has caused a ripple effect with fewer mills in operation in H1 May compared with the previous year.”