Rating of sugar industry performance—an efficient tool or a fad? zz:DR PLINIO NASTARI

摘要

CHAIR then introduced Mr Roger Bradshaw, who had worked for, amongst others, ED&F Man Far East and Rabobank. Since 2008 he had acted as a strategic adviser for companies in Africa, Asia and Australia. MS ISIS ALMEDIA (Bloomberg News) asked Dr Nastariwhat he saw as the outlook for the next season's sugar production in Brazil. Would there be a focus on ethanol, which could limit an increase in sugar production? DR PLINIO NASTARI replied that it was rather early to say anything about the volume of canethat Brazil expected to crush in 2013-14. However, there were certain aspects of ethanol production about which they could speculate, one of which was the likelihood of a return to a 25% anhydrous ethanol blend in gasoline. The likelihood of that was linked to the difficulties currently being faced by Petrobras, both in financing the losses from dramatically increased gasoline imports and in finding sufficient logistics to import these large volumes of gasoline.