Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Brazil could cede status as top global sugar producer

Metals | Steel | Raw Materials

Will seaborne metallurgical coal prices rebound in 2020?


Platts Agriculture Alert

Agriculture | LNG | Natural Gas | NGL | Oil | Crude Oil | Refined Products | Petrochemicals | Shipping

Houston Energy Forum at the S&P Global Platts Energy Symposium

Agriculture | Grains

Strong demand to continue propelling Russian wheat prices higher

Brazil could cede status as top global sugar producer

Houston — Brazil will likely step down to become the world's second-largest sugar producer on low global sugar prices and higher profitability and strong demand for ethanol, according to a report by Brazilian consulting company JOB Economia e Planejamento.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Market incentives for stronger ethanol production in Brazil, combined with expectations of an even larger bumper crop in India in the coming crop season, will likely make India the world's largest sugar producer, according to the report.

Brazil's commercial ethanol premium over domestic sugar has ranged from 4% to 40% since October 2017, a trend that is expected to continue for the foreseeable future, the report said.

India is expected to produce over 35.5 million mt of sugar during crop year 2018-19, which begins in October, according to the Indian Sugar Mills Association.

Brazil is expected to produce 2.7 million mt of sugar in the North-Northeast region and 27 million mt in the Center-South region, yielding 29.7 million mt of sugar for CY 2018-19, which runs from April-March in the North-Northeast region, and October-September in the Central-South region, according to the JOB report. The CS Brazil production figures would be 9.1 million mt lower than CY 2017-18 levels, according to the report.

Brazil is expected to produce 31.2 billion liters of ethanol in the same period, including 29.2 billion liters in the CS region. The expected ethanol production in the CS region would break the previous record of 28.2 billion liters set in 2015-16, according to the report.

--Jordan Young,

--Edited by Jennifer Pedrick,