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Reuters
Reuters
Business
By Marcelo Teixeira

Cloudy skies for Brazil sugar and ethanol as country heads back to polls

Ethanol Jair Bolsonaro Brazil Luiz Inacio Lula da Silva Environment
FILE PHOTO: A combine harvester cuts sugar cane in a field at the Sao Martinho sugar mill in Pradopolis, Brazil September 13, 2018. REUTERS/Paulo Whitaker/File Photo

Brazilian sugar and ethanol makers will likely face a less favorable business environment regardless of who emerges victorious from the hotly-contested Brazilian presidential election on Oct. 30, analysts and experts say.

Citizens go to the polls in less than three weeks for a run-off between incumbent right-wing President Jair Bolsonaro and his opponent, the leftist, former President Luiz Inacio Lula da Silva.

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