May 11, 2017 / 2:18 PM / a year ago

BRIEF-Brazil's Cosan stops sugar hedging after futures decline

May 11 (Reuters) - Cosan SA Industria e Comercio

* Brazil’s energy firm Cosan says rains in April delayed cane harvest but should help increase agricultural yields later in the crop - investor relations director Paula Kovarsky

* Brazil’s Cosan sees no reason for recent sugar futures decline, considering global supplies; continues to see ‘constructive outlook for sugar market’ - Kovarsky

* Brazil’s Cosan says stopped sugar hedging operations due to low prices; will return when see prices at appropriate level - Kovarsky

* Cosan says investing in diesel, gasoline import infrastructure in Brazil to prepare for possible fuels deficit in the future when economy recovers Further company coverage: (Reporting by Marcelo Teixeira)

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