Gamaya slightly revises downward its forecast on the total sugar harvest though it will still remain 2.2% vs. the previous 2021/2022 season.
Two weeks ago Gamaya, whose predictive analytical tools cover approximately 15% of the sugarcane area in South-Central Brazil, issued the first market analytics report suggesting some improvement for 2022 sugar production (+3%) vs. 2021 season though the development of the current season continues well below potential.