Despite the drop in productivity in the sugarcane fields due to the drought and a slightly more favorable trend for ethanol production in this harvest (2021/22) than in the past, Copersucar does not foresee a drop in its sugar export volumes in the current cycle, according to João Teixeira, CEO of the company, in a virtual press conference. “We don’t see any impact from the eventual reduction of sugarcane on exports, especially via Alvean. We had a strong start to the harvest, and there are all indications that it will continue in this direction”, said the executive. During the last harvest, Copersucar exported 3.4 million tons of sugar. The company believes that Brazilian sugar exports should be reduced by 10%. Therefore, according to the projection, sales abroad would go from the 30 million tons of the last harvest to around 27 million tons. It is estimated that sugarcane crushing will yield close to 88 million tons in this harvest, which should represent a reduction of 2% compared to the previous harvest when the Copersucar mills processed around 90 million tons.
Sources: Valor Econômico/Datamar News