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[Sugar production in central and southern Brazil soars to 184bestcryptophonegames.3,000 tons increased year-on-year by 84bestcryptophonegames.3%] According to the latest announcement by the Brazilian Sugar Industry Association (Unica)bestcryptophonegamesAccording to data from, in the second half of April 2024, sugar production in central and southern Brazil reached 1.843 million tons, an increase from 1 million tons in the same period last year.bestcryptophonegames84.3%. This significant increase was mainly due to the significant increase in sugarcane crushing volume, which jumped from 21.436 million tons last year to 34.575 million tons. At the same time, ethanol production also achieved significant growth, from 998 million liters in the same period last year to 1.515 billion liters, an increase of 51.9%. In addition, the increase in sugar content in sugarcane also contributed to the increase in sugar production, from 112.48 kg/ton in the same period last year to 115.63 kg/ton. It is worth noting that the proportion of sugarcane juice used for sugar production has also increased, from 43.53% in the same period last year to 48.37%, showing that in the current market environment, sugar production is more attractive than ethanol production. The release of this data is undoubtedly an important signal for the global sugar market. Against the background of tight supply in the global sugar market, Brazil, as the world's largest sugar producer, has a significant increase in its output that will have a significant impact on the balance of supply and demand in the global sugar market. At the same time, fluctuations in sugar prices will also have a chain reaction on the prices of related agricultural products (000061), affecting the stability of the global agricultural product market. Overall, the significant increase in sugar production in central and southern Brazil will have a profound impact on the global sugar market. Investors should pay close attention to changes in Brazil's sugar production and its impact on the balance of supply and demand and price fluctuations in the global sugar market in order to make informed investment decisions.