If confirmed, the projections about the rise in the deficit of sugar on the world ethanol production in Brazil's Centre South will fall in the next three years.
The production there to 27.2 billion litres compared to the previous year by 28.2 billion litres of ethanol comes in the current business year 2016/17. However, 31.2 million tonnes of sugar production will rise to 36.8 million tonnes. The sugar factories produce as much sugar as possible for the under-served market of the world. If the sugar deficit remains, and at the same time, diesel prices remain stable only, ethanol production in Brazil are fall 2019/20 to 23.1 billion liters a year, while sugar production is expected to rise to 43.5 million tonnes.
Sugar, currently around 30% is made more money than in ethanol and the advantage for sugar will be expanded still, so analysts in Brazil. The ethanol industry will be surprised over the big sugar demand. The incorrect amount of sugar on the world market is estimated at four to eight million tonnes for next year; that depended on how countries respond to the lack of sugar surpluses.
The current bottleneck are sugar prices on the futures market in New York this year to a 2 ½ year high has increased.
Brazil's sugar production this year is estimated at 35 to 35.5 million tonnes.
