Brazil‘s sugar exports would register a 9.3% drop in the 2021-2022 cycle (October-September), to 29.17 million tons, according to forecasts by the United States Department of Agriculture (USDA). In general, Brazilian sugar exports have maintained a growing trend, from at least 7.7 million tons in the 2000-2001 cycle.
The peso starts the session with a depreciation of 0.31% or 6.1 cents, trading around 19.92 pesos per dollar, with the exchange rate touching a minimum of 19.8593 and a maximum of 19.9486 pesos. This morning there is a moderate increase in the perception of risk in global
Steel production in China increased from approximately 1.1 billion tonnes in 2019 to 1.160 million tonnes in 2020, according to the Nucor company. As a result, China’s share of crude steel production on the planet rose from 53.3% in 2019 to 56.6% in 2020. Furthermore, the Organization for
Braskem was positioned as the largest thermoplastic resin producer in America in 2020, according to IHS. At the end of last year, the company produced thermoplastic resins in 29 plants in Brazil, six plants in the United States, two plants in Germany and four plants in Mexico. Braskem’s
The peso closed the week with an appreciation of 0.25% or 4.9 cents, trading around 19.87 pesos per dollar, with the exchange rate touching a low of 19.7542 pesos per dollar, a level not seen since January 22. It should be remembered that the minimum of the exchange
United States automotive production registered a 4.3% month-on-month drop in April, the Federal Reserve reported on Friday. Within this result, the production of motor vehicles decreased 5.6 percent. Meanwhile, the production of auto parts had a contraction of 3.1 percent. At the beginning of the year, industrial production