SUGAR AND ETHANOL SALES CONTINUE HIGH IN JUNE

Sugar sales by mills in the Center-South have kept the pace of the last few weeks and remain heated in the first half of June, according to the Union of the Sugarcane Industry (UNICA). The quantity exported by units in the Center-South totaled 1.02 million tons, up 43.34% in the fortnight. Accumulated since the beginning of the 2020/2021 harvest until June 16, growth reaches 60.56%, with the export of 4.88 million tons. The exits of the sweetener to the domestic market, in turn, accumulate 1.83 million tons sold in this agricultural cycle, with growth of 5.52% over the index registered in the same period of 2019. The volume of ethanol sold by the production units in the first fifteen days of June this year it totaled 1.18 billion liters, with a decrease of 10.50% in comparison with the same period in 2019 (1.31 billion liters). Of this total, 121.99 million liters were destined for the foreign market and 1.05 billion liters sold domestically. In the domestic market, sales of hydrous ethanol reached 735.79 million liters in the first half of June, with a reduction of 19.61% over the amount recorded in the same period of the last harvest (915.23 million liters). The marketed quantity of anhydrous ethanol, in turn, decreased by 10.74%, with 317.71 million liters sold in 2020 against 355.92 million liters in 2019. The maintenance of the attractiveness of ethanol in the main consumer markets has reduced the drop in sales in the fortnight. The pace of retraction, which reached 40.60% in the last half of May, was reduced to 22.97% in the first fifteen days of June. “The drop in fuel ethanol sales observed in the 2020/21 harvest was partially offset by the higher demand for non-fuel ethanol and the higher volume destined for export. In addition, the growing demand for Brazilian sugar, both in the domestic and foreign markets, neutralized part of the negative impact caused by the reduction in the demand for ethanol ”, says Antonio de Padua Rodrigues, technical director of UNICA. Despite the improvement, accumulated since the beginning of the 2020/2021 harvest until June 16, ethanol sales by companies in the Center-South accumulated a decrease of 24.83%, totaling 5.15 billion liters. Of this total, 349.88 million liters were destined for export and 4.80 billion for the domestic market.
Source: Jornal Cana