Sugar exports reduced by 47.1% compared to the average for February 2024

Published 2025년 2월 17일

Tridge summary

Brazil's sugar and molasses exports have seen a significant decrease in the first ten business days of March 2025, with a daily average drop of 47.1% compared to February 2024. The total exports for February 2024 were 3,004,379.0 tons, while the current month's total is 83,709.3 tons. This decrease is attributed to a 10.6% drop in price, which fell from US$ 526.6/ton to US$ 471.0/ton, leading to a 52.7% reduction in average revenue. Consequently, the country has invoiced US$ 394,236.8 thousand from these exports in the first ten business days of March, a significant decrease from the US$ 1,582,010.4 thousand invoiced in February 2024.

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

Original content

Exports of sugar and molasses by Brazil during the first ten business days of this month had a daily average 47.1% lower than in February 2024. This is what is shown in a report released this Monday (17) by the Ministry of Development, Industry, Commerce and Services, through the Secretariat of Foreign Trade (Secex). While February 2024 had a daily average of sugar and molasses exports of 158,125.2 tons, shipments for the entire month reached 3,004,379.0 tons. At the beginning of the current month, the average is 83,709.3 tons, with a total of 83,709.3 tons to date. Faced with a 10.6% drop in the price, which went from US$ 526.6/ton to US$ 471.0/ton in 2025. Therefore, there was a 52.7% reduction in the average revenue, which fell ...

Source: NoticiasAgricolas