According to the survey carried out by the Sugar and Ethanol Industry Union of Alagoas (Sindaçúcar-AL) for the 2021/22 cycle, sugarcane production is expected to reach 18.8 million tons. Of this total, about 6.7 million will be from independent suppliers. The estimated growth is 10.9% when compared to the previous cycle (17.03 million tons). Estimates will be confirmed depending on the weather during the season, especially in the warmer months (September to January). Sindaçúcar-AL believes forecasts will be revised upwards. The president of Sindaçúcar-AL, Pedro Robério Nogueira, is optimistic about the agricultural production, and the market. Sugar and ethanol prices remain on an upward trend. The sugarcane sector in Alagoas had its lowest production in history in the 2017/18 cycle. The sugarcane crushing amounted to just 13.7 million tons – almost half of the historical average in Alagoas (25 to 26 million tons per cycle). By now, recovery has entered a consolidation phase considering the last four years.
Source: Nova Cana (*Translated by Ia Niani)