SUGAR SHIPMENTS PLUMMET TO 2.703 MILLION TONS

Compared to 74 the week before, Williams Brasil reported 67 ships ready to ship sugar in Brazilian ports in the week ending October 23. The Port of Santos will receive 1.739 million of the 2.703 million tons scheduled for loading. Further ports include Imbituba (128,280 tons) and Paranaguá (499,008). The most exportable cargo (2.552 million tons) is VHP sugar. Sugar exports earned USD 1.134 billion in October with an average daily volume of 171.353 thousand tons and a daily income of USD 80.838 million. Compared to 2023, the average price per ton fell 12.1% and daily revenue rose 10.1%.
Source: Safras & Mercado / Udop (*Translated by Ia Niani)