More Brazilian sugar mills mothballing as economics get desperate

July 14, 2015 |

In Brazil, sugarcane economics in Brazil are following those in India, with cane production averaging up to $28.64 per metric ton but only making around $22.28 from its sale as sugar and ethanol. As such, another 10 mills have been mothballed this season, bringing the total to around 50.

Category: Fuels

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