date:Jun 29, 2020
is a very important drop. In fact, according to internal estimates, until the end of May 400K tons had been processed, when last year, by the same time, the number was in the order of 500K tons.
The impact of this fall in the ELO market is already manifesting itself. It is known that around 50% of ELO production is marketed with a leading soft drink company under a long-term agreed pricing scheme that is not subject to market supply and demand. The surplus is traded on the spot market, which i