Green shoots in Brazil's ethanol and sugar sector

Green shoots in Brazil's ethanol and sugar sector

Brazil´s ethanol and sugar (E&S) producers are no stranger to market volatility. From political and economic turmoil, to poor harvests and abrupt regulatory U-turns, crises have been a feature of the ethanol sector since its government-led launch almost half a century ago. Global pandemic should now be added to this list. In April, the sector was plunged into crisis as measures to prevent the spread of the COVID-19 novel coronavirus shuttered vast swathes of the Brazilian economy and confined people to their homes. E&S companies are not alone in feeling the pain from a crisis that is expected to plunge the country into one of its worst ever recessions. But producers found themselves

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