SUGAR EXPORTS REACH 1.22 MILLION TONS IN NOVEMBER – SECEX

The average daily revenue from Brazilian sugar and other molasses exports reached $90.424 million in November, with 7 business days until yesterday, according to data from the Secretariat of Foreign Trade (Secex). The average daily volume of exports reached 174.266 thousand tons in the month. In November, 1,219,865 tons of sugar were exported, generating $633 million in revenue, at an average price of $518.90 per ton. Compared to the daily average of November 2022, which was $69.863 million, there is a 29.4% increase in the daily value obtained from sugar exports in November 2023. In terms of volume, there is a 4.1% increase, compared to the 167.390 thousand tons daily shipped in November 2022. The average price also rose by 24.3%, compared to the $417.40 per ton observed in November 2022.
Source: Agencia SAFRAS