Brazil's Cosan expects to crush 62 mln T cane this season
SAO PAULO, April 16
SAO PAULO, April 16 (Reuters) - Brazil's Cosan expects to crush 62 million tonnes of cane in the 2013/14 season that is just starting, below its 65 million tonne capacity, President Marcos Lutz said on Tuesday.
Speaking at a conference in Sao Paulo, Lutz said Brazilian mills were likely to favor ethanol over sugar production this season due to the low price of the sweetener. (Reporting by Gustavo Bonato; Editing by Gerald E. McCormick; Writing by Caroline Stauffer)
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