A tightening domestic market in Brazil for white sugar and ethanol bio-fuel has led producers in the country to buy back raw sugar that was sold to trade houses for export. Buoyant demand for low-quality white, 150-ICUMSA sugar and for anhydrous ethanol in Brazil, had boosted incentives for the producer buy-backs, or ‘washouts’.
Sugarcane| A tightening domestic market in Brazil for white sugar
December 2, 2015 10:08 AM | Skymet Weather Team