News International Sugar Journal

Brazil – Raw sugar futures fall as the new government extends relief on fuel duties [Full subscriber]

To pre-empt the impact of rising fuel prices at pumps (and inflation) during the first few days in his office, Brazil’s new President Luiz Inacio Lula da Silva passed a decree that keeps fuels exempt from federal taxes on January 2. This is likely to impact sugar and ethanol companies negatively.…

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