Sugar exports by Brazil total 2.281 million tons in 16 days of March; daily average almost 80% higher compared to 2023
Sugar
Brazil
Market & Price Trends
Published Mar 26, 2024
Tridge summary
In March, Brazil saw a significant surge in its sugar and molasses exports, reaching 2.281 million tons and earning US$ 1.253 billion over 16 working days, as reported by the Secretariat of Foreign Trade (Secex). This marks a notable increase from the previous month, with the daily average exports in March nearly 80% higher than in the same period in 2023, and the prices of shipments rising by over 20%. The total exports for March 2023 amounted to 1.827 million tons, generating a revenue of US$834.074 million, highlighting a robust performance in Brazil's sugar and molasses export sector.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Brazil has exported 2.281 million tons of sugar and molasses, so far, in March (16 working days), with accumulated revenue of US$ 1.253 billion, according to the Secretariat of Foreign Trade (Secex), this Monday (25) . In the last week alone, more than 700 thousand tons were shipped. Throughout last month, Brazil exported 3.017 million tons of products related to the sugar-energy sector. In the entire month of March 2023 (23 working days), product exports totaled 1.827 million tons with total accumulated revenue of US$834.074 million, according to Secex. In the analysis of tons per daily average, exports of ...
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