date:Oct 26, 2018
n tonnes versus 27.64 million tonnes in the second half of the previous month and 32.5 million tonnes seen at this time last year. The numbers were somewhat in line with market expectations. Mills had lost more than five processing days early in October due to rains that make cane harvesting impossible. Mills were also unmoved by recent rises in sugar prices in New York and continued to heavily favor ethanol output over sugar production, since the biofuel has given them better returns. They earm