Brazil: Average daily sugar exports until the 3rd week of December are 42% lower than in 2023

Published 2024년 12월 23일

Tridge summary

Brazil's sugar and molasses exports have seen a significant decrease in the first 15 business days of December, with daily average exports being 41.6% lower than December 2023, according to the Ministry of Development, Industry, Commerce and Services. The total exports this month reached 1,622,431 tons, compared to 3,792,461.7 tons in December 2023. Additionally, the average daily revenue has dropped by 47%, with the price per ton being 9.3% lower than December 2023. The total revenue generated this year is US$ 54,097.8 thousand, which is less than the US$ 102,017.0 thousand generated in the same period last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sugar and molasses exports by Brazil up to the 3rd week of December have a daily average 41.6% lower than in December 2023. The figures were released this Monday (23) by the Ministry of Development, Industry, Commerce and Services, through the Secretariat of Foreign Trade (Secex). With this daily average, sugar exports reached 1,622,431 tons this month, in 15 business days. In December 2023, in 20 business days, the total shipped by Brazil was 3,792,461.7, a figure. Thus, Brazil's average daily revenue, associated with a drop in prices, is 47% lower than in December 2023. The ton that in December 2023 was worth US$ 538.00, this month is worth US$ 488.1, an amount 9.3% lower. Thus, this year, the average billed ...

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