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  • Ethanol demand has weakened in recent weeks as more motorists are staying home to avoid COVID-19.
  • Brazilian cane millers have, therefore, turned their attention back to producing raw sugar for export.
  • With this, we expect to see a rebound in CS Brazilian sugar this season.
  • However, it’s possible the coronavirus virus could cause disruption for Brazil here as well, as global consumption is set to decline.
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Will Langston

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