date:Oct 31, 2018
ario Lorencatto, CEO of Coruripe, one of the ten largest sugar and ethanol companies in Brazil, said his company already managed to secure profitable forward sales, combining New York futures with local currency non-deliverable forward (NDF) contracts. The arrangement has been profitable, he said.
It is quite possible that more sugar (production) will be considered in Brazil next season at this level of prices, said Jeremy Austin, Brazil director for sugar trader Sucden, in a presentation durin