
Heavy rain in São Paulo and other Brazilian states delayed the 2026/27 sugarcane harvest and processing. Mills postponed the end of the season and cut spot ethanol sales, leaving hydrous ethanol trading volume at its lowest of the season.
Between November 2 and 6, hydrous ethanol rose 2.36% and anhydrous ethanol rose 5.39%, while white sugar gained 2.23%.
Lower cane crushing and reduced spot supply tighten Brazilian ethanol availability, which supports ethanol prices. Firmer ethanol can also lift sugar and corn-ethanol economics.
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.