So far yields in Brazil are still high (68.5-69), suggesting that total sugarcane may not be low. Follow-up needs to be watched for sudden deaths. Current production variables: Brazil 3830 (-100,low volumn and mix),Russian sugar beet acreage production (-50~75) affected by war.
minimum selling price of sugar at Rs 39, the price of ethanol at Rs 60 for C heavy molasses, Rs 71 for B heavy molasses and Rs 75 for ethanol produced from syrup.ย
More sugar diversion?
@kapilnema@Reena88061887 There's been a consensus in the country for a production estimate of less than 30 million tons๏ผ There is a consensus that there is less precipitation in Mah and Ka, the UP area is increasing, but the situation has not been very good lately either?