BRAZIL SUGAR EXPORTS SEEN AT 1.39M TONNES ON PORT LINE-UP

Data from Williams Brasil indicate Brazil’s sugar line-up at 1.399 million tonnes scheduled through early May, up from 1.385 million week-on-week, with 34 vessels awaiting loading. Santos leads with 938.4k tonnes, followed by Paranaguá, São Sebastião and Maceió. VHP dominates at 1.34 million tonnes. April exports total 738.5k tonnes, generating US$281.8 million, with daily shipments at 61.5k tonnes and average prices at US$381.60/t. Year-on-year, daily revenue is down 35%, volumes fall 20.6% and prices drop 18%, tightening margins despite firm shipment volumes.
Source: Portal do Agronegócio / Notícias e Fatos