Brazil's Center-South readies for 2021-22 sugar, ethanol season

Commodities Focus

Brazil's Center-South region will kick off the 2021-22 sugar and ethanol crop season April 1 and producers are betting again on high international sugar prices and depreciated Brazilian real to increase their profitability.

Fuel demand was initially forecast to increase in 2021; however, as the country has moved back to further social distancing measures, the forecasts have been revised down.

S&P Global Platts editors discuss the main themes to watch in Center-South Brazil in the coming months.

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