date:Oct 31, 2018
think that a new right-wing government in Brazil that is pledging to adopt market-friendly policies would eventually lead to higher fuel consumption, sustaining ethanol demand and forcing sugar consumers worldwide to pay more for the Brazil-made sweetener to compete.
I think mills have to take the opportunity to hedge some sugar now and avoid betting too much on ethanol next year, which is always subject to oil prices and public policies, Gabriel Feres Junqueira, chief executive officer of Bio