@SugarWilmar do you mind updating the below graph please? I don't know how to use excel and build some seasonals, my bad. Or maybe @HedgeSugar can help? @tx_marcelo anything surprising in this unica report?
** Latest UNICA actuals confirming the stronger crystallization capacity in place**
SH April: sugar mix continue to surprise the market at 48.4%, an increase of +4.8% y-o-y, while the Kg of Sugar/ton of Cane indicator set an impressive number for the period, at 53.3kg +14.2% y-o-y.
@NotWilmarSugar@1Suga_Bear@SugarWilmar@HedgeSugar It has been reported that some Apes are stealing and hiding cane to build a "Millesime 2024" inventory (exceptional atr levels, very good soil moisture) that should be out for the 2031/32 season ππ
@isiscarol14@StephenGeldart Of course the growth pace slowed down (graph in abs number not on a per person basis) but you cannot ignore projections from some very reputable analysts of seeing at least additional 10mmt cons increase by 2035 this is why Ozempic and US consumption is not in the driving seat
@isiscarol14@StephenGeldart Right and since 10 years we gained at least 15mmt consumption (depending on the analyst you follow) essentially driven by non oecd countries π
@SugarWilmar would you be so kind to update the graph? unless @HedgeSugar wants to do it? are you revising your numbers or you need 2H May to show another sub 49% mix? π
** Latest UNICA actuals confirming the stronger crystallization capacity in place**
SH April: sugar mix continue to surprise the market at 48.4%, an increase of +4.8% y-o-y, while the Kg of Sugar/ton of Cane indicator set an impressive number for the period, at 53.3kg +14.2% y-o-y.