I never knew that Brazil held the top spot for sugar production. In fact I had never really taken the time to think about where sugar came from, until I recently read about Brazilian Sugar.
Apparently Brazil is expected to produce 32 million tonnes in 2008. That would be one sweet tasting mountain to go snowboarding on!
Most of the sugar is grown in the Sao Paulo area and around half of Brazil's sugar cane crops are actually used for the production of ethanol.
Brazil is in the position of controlling the sugar market and could easily flood the market with cheap sugar, allthough this would be a bad idea as it would devalue everyone's sugar.
Brazil themselves are one of the world's biggest sugar consumers but despite the amount the produce not much refining is done in country. Most of the sugar is purchased unrefined and sent around the world to be made ready for consumer sale.
Brazil sugar is in demand. If you are looking to buy a large amount for refining then it is not that easy to buy and you should look into future investment as the best option. BrianGreens.com is a place where you can find out much more about this for your business.
Tuesday, May 20, 2008
Brazil - The Sugar Daddy
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