If crude oil remains high, sugar prices will not be far behind. |
The additional 30,000 tons is just a proposal to balance supply because of the exports to the U.S.. But our focus right now is still the 50,000 tons. |
The crop is coming out slightly higher than our earlier projection. |
There is no urgency to bring the sugar now, especially with the pullback in prices. |
We have not authorized additional imports. We need to review whether we still need it. The crop is coming out slightly higher than our earlier projection. |
When prices are good, farmers take care of their crop a little better. |