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Brazil: Sea freight price reduction makes exporting sugar in containers attractive

Sugar
Brazil
Published Feb 24, 2023

Original content

After a period of decline motivated by the increase in sea freight, the export of sugar in containers promises to have favorable conditions in the 2022/23 harvest. “After two years without operation, in December and January we produced 6.7 thousand tons and we are receiving several requests for quotations. These are strong indications of the market resuming this movement”, says Vinicius Cordeiro, commercial executive manager at Brado, a company specialized in multimodal logistics in containers. “Brazil is the world's largest exporter of sugar. In the last harvest, almost 26 million tons were sold on the foreign market, against 10 million in second place, Thailand, according to the United States Department of Agriculture (USDA)”, points out the manager. READ MORE > Biogas production increases by 21.3% in 2022 Despite the isolated leadership in sales, data from the National Waterway Transport Agency (Antaq) point out that Brazilian exports of the sweetener in containers fell 22% in ...
Source: Jornalcana
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