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Weather, pandemic, dollar and oil may affect sugar prices in 2022

Cepea, January 14, 2022 – The scenario for the Brazilian sugar market in 2022 has been designed based on not so favorable perspectives that affect both production and consumption. Uncertainties regarding macroeconomic variables (such as dollar and oil prices) along with concerns with the weather (which can result in a new production decrease) and the fear that the covid-19 pandemic harms the economy around the globe are some of the most important of those perspectives. In Brazil, high inflation affects consumers’ purchasing power
Fonte: CEPEA



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