Brazil sugar producer costs exceed prices -Datagro


By Inae Riveras SAO PAULO, March 20 (Reuters) - Rising fertilizer prices and labor costs have increased Brazil's sugar and ethanol production costs sharply, analysts Datagro said on Thursday. Sugar production costs rose 17 percent from Feb. 07 until Nov. 07, and are now equivalent to around 13.5 cents per lb free-on-board (FOB), Datagro said. After reaching 15 cents per lb earlier this month, ICE raw sugar futures were hit by a sell-off and fell to around 11.60 cents this week (May ...

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