Sugar and hydrated ethanol production grows in the North-Northeast

Sugar increased by 12,4%, reaching 3,22 million tons against 2,87 million tons observed in the same period of the previous season

18.03.2024 | 16:13 (UTC -3)
NovaBio

With around 87% of the 2023-2024 sugarcane harvest already completed in the North and Northeast by February 29, data compiled by the Association of Sugar, Ethanol and Bioenergy Producers (NovaBio) shows that sugar and ethanol production hydrated remain on the rise.

According to the executive president of NovaBio, Renato Cunha, sugar increased by 12,4%, reaching 3,22 million tons against 2,87 million tons observed in the same period of the previous season. The production of hydrated biofuel, the one sold directly at the pumps, grew 12,3%.

“1,05 billion liters were produced compared to 938,8 million liters recorded in the second half of February last year”, informs Cunha, who also presides over the Sugar and Alcohol Industry Union in the State of Pernambuco (Sindaçúcar/PE ).

Cana

In the 2023-2024 harvest up to February 29, the volume of processed sugar cane increased by 4,7% compared to the figures recorded on the same date in 2023. Crushing reached 55,24 million tons compared to 52,76 .2022 million tons manufactured in the same period of the 2023-XNUMX harvest.

Total Ethanol

Until February 29, 2024, total ethanol production, including hydrated and anhydrous ethanol, showed slight growth. The sugar-energy units in the North and Northeast delivered 2,08 billion liters, an amount 0,7% higher than the 2,06 billion liters in the same fortnight in the previous harvest. In the case of anhydrous biofuel, mixed with gasoline, there was a drop of 8,9%, with production of 1,02 billion liters.

The physical stock of ethanol, considering anhydrous and hydrated, reached 286,5 million liters, a volume 17,13% lower than the 345,7 million liters stored in the second half of February of the 2022-2023 harvest.

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