The 2018/19 sugarcane will have more cane to ethanol, due to the global price pressure for sugar. Felipe Ferraz, director of the RCMA Group in Brazil, estimated that during the Sugarcane, Sugar and Ethanol 2018/19 Event, organized by Santander and in the city of Ribeirão Preto, to DATAGRO Consultoria.
According to the executive, the destination of cane harvested in the Center-South region in the new season will be 59% for ethanol. According to him, the price of ethanol will continue to be advantageous over that of sugar in the next cycle.