Until last Wednesday 27th, the line of vessels waiting to load at the various terminals along the coast totaled 72 ships, almost five times more than the 15 that were in line in the same period in 2019. The data, obtained by Broadcast Agro, are from the Williams Brazil agency and consider the movement of the companies Rumo, Teag, Tiplam and Copersucar. From the beginning of the year until May 27, the volumes of Brazilian sweetener shipments to the foreign market also almost quintupled in the annual comparison. During the period, according to Williams, 3.58 million tons of sugar were shipped, against 667,758 thousand tons in the first five months of 2019. The movement reflects the increase in sugar production, due to low ethanol prices and lower demand for sugar. biofuel, hampered by social isolation during the new coronavirus pandemic. In addition, the sharp appreciation of the dollar against the real makes Brazilian sugar more competitive in the international market. The commercial manager of Williams Brazil, José Evaldo Williams, predicts that the movement in the sugar terminals will remain heated until the end of the year. Product shipments are concentrated in the Port of Santos, in São Paulo, Port of Paranaguá, in Paraná, and, to a lesser extent, in Suape, in Pernambuco. In the latter, there is no queue for boats. Even so, the Port Management Department reported atypical shipment in April – the volume exported in the month corresponded to about 76% of the total exported since the beginning of the year. The cargo was destined for the port of Buffalo, in the United States. Williams rules out the possibility that greater sugar movement could jeopardize grain exports. Some companies, however, are making logistical adjustments to take advantage of the positive moment for the external marketing of the sweetener. This is the case of Cofco, which informed last week that it will export sugar instead of corn at its Terminal 12A in the Port of Santos (SP) from July 1 to December 31. According to the company, the terminal has the capacity to export 400 thousand tons of sugar per month and the decision will allow an optimization in exports, “mainly after an increase in sugar production in the four Cofco International plants in the State of São Paulo”, he said in note. The day before, the Brazilian Ministry of Economy reported that the country exported 2.707 million tons of sugars and molasses in May, a volume 79.27% higher than that shipped in the same month of 2019. In addition, the revenue obtained from exports in May was of US $ 768.924 million, 61.77% more than the US $ 475 million obtained in April and 72.52% higher than the revenue registered in May of last year, of US $ 445.701 million.
Source: Broadcast Agro