Brazil's sugar exports in October exceed previous year's average by 39.1%

Published 2024년 10월 8일

Tridge summary

Brazil experienced a significant increase in sugar and molasses exports in the first week of October, with a 39.1% rise compared to the average shipments for October 2023, as reported by the Secretariat of Foreign Trade (Secex). The country exported a total of 761,441.5 tons in just four days, a 20.3% higher yield than October 2022. The revenue from these exports also saw an increase, reaching US$ 353,398.1 thousand compared to the average of US$73,428.6 thousand in October 2023. Despite the increased revenue, the average export price was 13.5% lower than the previous year, averaging US$464.1 per tonne.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first week of October, Brazil recorded a 39.1% increase in sugar and molasses exports compared to the average shipments for October 2023, as announced by the Secretariat of Foreign Trade (Secex) this Monday (7). This performance resulted in a 20.3% higher yield compared to the average for the same month last year. According to the report, in the first four days of October, Brazil exported a total of 761,441.5 tons of sugar and molasses, with a daily average of 190,360.4 tons. In October 2023, this average was 136,869.5 tons, totaling 2,874,259.9 tons for the month. In terms of revenue, sugar and molasses exports in early October reached US$ 353,398.1 thousand, with a daily average of US$ 88,349.5 thousand. In contrast, the average for October 2023 was US$73,428.6 thousand, totaling ...

Source: Portal Do Agronegocio