Brazil's sugar exports start November at a fast pace, above last month's average

Published 2024년 11월 11일

Tridge summary

Brazil's sugar and molasses exports have seen a significant increase, with the first six working days of November reaching 1,316,516.7 tons, which is 15.2% higher than the previous month and 29.44% higher than October this year. The daily average export rate has also risen, being 20.4% higher than November 2023. As a result, the income from these exports in November is 6.5% higher than the previous month, totaling US$619,988.5 thousand. Despite the increased income, the prices have decreased by 11.6% compared to the same period in 2023, with the price per tonne dropping from US$532.4 to US$470.9.

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

Original content

Brazil's sugar and molasses exports reached 1,316,516.7 tons, a daily average of 219,429.9 tons, in the first six working days of this month of November. This average is 15.2% higher than the first week of October this year and 29.44% higher than the daily average of the last month, whose total exports were already 29.8% higher than the same period in 2023. The export data was released this Monday (11) by the Foreign Trade Secretariat (Secex) of the Ministry of Development, Industry, Commerce and Services. The numbers show an increase of 20.4% in the daily average of sugar and molasses exports at the beginning of November, compared to November 2023, which was 182,216.4 tons. As a result, income so far this month of November is US$619,988.5 ...

Source: NoticiasAgricolas