Brazil: Sugar Semi-annual

Commodities

Brazil’s MY 2017/18 sugarcane crush remains unchanged at 645 mmt. Approximately 48.3 percent of the crop is expected to be diverted to sugar, as a consequence of the continued worldwide sugar deficit. Total exports for MY 2017/18 are estimated at 29.6 mmt, raw value, the highest export volumes ever reached by Brazil. This despite action by China to limit sugar imports from Brazil and other countries. Brazil’s export volume to China dropped significantly from 1.23 mmt in April-September, 2016, to just 103,000 mt during the same period in 2017. 

Brazil: Sugar Semi-annual