SUGAR SHIPMENTS BACK TO PORT OF SANTOS’ SPOTLIGHT

Sugar was the cargo that stood out the most at the Port of Santos in January, up 37.2% year-on-year, totaling 1.2 million tonnes. The commodity was the highlight among export cargoes, accompanied by corn, which also performed well, totaling 1.4 million, a growth of 43.2%. The performance of these goods increased the movement of solid bulk by 0.9%. The overall movement in January was 10.1 million tonnes, a 4.7% decrease from the same month last year (10.6 million tons) when the January historical record was set. The drop was primarily caused by a 51% decrease in shipments from the soy complex and a 17.8% decrease in fertilizer arrivals. As a result, January/2023 is the second-best January result in the port’s history. The flow of ships was399 vessels, 2.8% higher than in January 2022.

Source: Datamar News