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Rain in São Paulo and other states is slowing sugarcane harvesting and crushing, prompting mills to delay the close of the 2026/27 season. Limited physical-market availability helped lift hydrated ethanol prices by 2.36% in the first week of November, while sugar prices remained firm despite subdued trading.
Rain-related disruption is restricting sugarcane processing and near-term ethanol supply, supporting ethanol prices; limited sugar availability is also underpinning sugar prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.