AFTER AN 35% INCREASE, TERMINALS IN PARANAGUÁ UPDATE THEIR 1ST QUARTER PROJECTIONS

The terminals operating at the Port of Paranaguá expect to export 6,762,816 tons of solid bulk in the first three months of the year. On average, the forecast is to ship 2,254,272 tons of soybeans (grain and bran), sugar, corn, and wheat per month, from January to March. The projected volume is about 35% higher than the 4,991,434 tonnes handled in relation to the first quarter of last year. The expected increase should be mainly driven by the increased volume of soybeans to be exported in the first quarter of the year. As for soybeans, the companies intend to ship 4,560,915 tons through the Port of Paranaguá in the first quarter. On the other hand,1,404,901 tons of soy bran are expected. According to experts, the soybeans that are being shipped now come from the past crop, which producers were holding back, waiting for the best time (and price) for sale. Also in the first quarter, bulk sugar exports should reach a volume of 405 thousand tons. Corn should be shipped a 395 thousand tons volume by the Paraná port operators. Finally, the wheat export forecast is 33 thousand tons.

Source: Datamar News