Brazil: Sugar exports close this month with a volume 30% higher than that exported in October 2023

Brazil's sugar and molasses exports in October were 29.8% higher than those recorded during the same period in 2023. The consolidated monthly data were released this Wednesday (06) by the Secretariat of Foreign Trade (Secex), of the Ministry of Development, Industry, Commerce and Services. As the report shows, during this month of October, exports reached a total of 3,729,366.1 tons, with a daily average (in 22 business days) of 169,516.6 tons. In October 2023, the total exported by the country was 2,874,259.9 tons, with a daily average (in 21 business days) of 136,869.5 tons. On Wednesday, Reuters highlighted that Brazil's sugar exports in the year to date up to October have already reached a new annual record, surpassing the 2023 mark. As the news agency pointed out, the totals computed by Secex up to the fourth week of October indicate a total export of 31.7 million tons, while in the entire last year this total was 31.3 million tons. "The increase in Brazilian exports in 2024 ...