BRAZIL’S SUGAR LINE-UP POINTS TO 1.49 MILLION TONS IN SHIPMENTS

In the week ended March 4, 41 vessels were waiting to load sugar at Brazilian ports, up from 40 the prior week, according to Williams Brazil. Scheduled cargo volume rose to 1.493 million tons, with most shipments concentrated at Santos (909,000 tons). Loadings are concentrated at Santos (909,000 tons), followed by Paranaguá (215,000 tons), São Sebastião (231,000 tons), Maceió (115,900 tons), and Recife (22,000 tons). The majority consists of VHP sugar (1.404 million tons). The data includes vessels anchored, on standby, and scheduled through June 7. In February, Brazil exported 2.23 million tons of sugar, generating USD 818.8 million. Although export volume grew 22% year-on-year, revenue fell 6% due to a 23.1% drop in average prices.
Source: Safras News (*Translated by Ia Niani)