News International Sugar Journal

Brazil – Sugar industry debt seen escalating to US$23.6 bln by end of season [Registered]

While the depreciation of the BRL favours exports it also raises the sector’s debt, said Itaú BBA’s director Alexandre Figliolino. Unica, the sugar industry body, estimates the sector’s revenue this harvest at nearly BRL84 bln, a 17% increase over the previous season but below the level of debt.…

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