Brazil Sugar Supplies Pile Up on Currency Jolt, Ethanol Doldrums
- Center-South inventory may rise to a record, Green Pool says
- Mills might make huge delivery against October futures
This article is for subscribers only.
Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.
Brazil, the world’s top sugar producer and exporter, faces mounting inventory following the real’s slump against the dollar and muted demand for cane-based ethanol during the coronavirus pandemic.