Platts survey shows Brazil ethanol production through H2 November at 672 million liters

In Brazil, Platts reports that its survey of analysts shows ethanol production through H1 November to be 672 million liters against its own estimates of 630 million liters and UNICA’s estimate of 712 million liters. As the sugarcane crush winds down, analysts estimate slightly more than 75% of the 10.58 million metric tons of cane crushed during the last half of November would go towards ethanol production rather than sugar. The crush estimate is 28% lower than during the same period last year.