Brazilian frost may drop sugar output may 6% at Raizen


Following the two-day cold snap which hit Brazil's sugar regions at the end of the last month, the country's biggest sugar and ethanol group Raizen Energia has projected that its output could fall by 6% according to local reports.

Pedro Mizutani, Raizen Energia's chief financial officer, said in the Brazilian financial paper Valor Econômico on Tuesday that the frost spell would reduce crushing at one of its mills in Mato Grosso do Sul state by 100,000 tonnes to 2.05 million tonnes.