Volume of sugar shipments in Brazilian ports decreases

Sugar

Brazil

Supply Chain Management

Market & Price Trends

Published Mar 26, 2024

Tridge summary

In the week ending March 20, the number of ships queued at Brazilian ports for sugar loading decreased to 57, down from 52 the previous week, as reported by Williams Brasil. The total sugar set for shipment also saw a reduction, moving from 2.329 million tons to 2.109 million tons. The Port of Santos was the busiest, followed by Paranaguá, Maceió, São Sebastião, and Recife, with exports mainly consisting of VHP, TBC, and Refined A-45 sugar types. Despite the decrease in ships and shipment volume, March witnessed a significant boost in Brazilian sugar export revenue and volume, reaching an average daily revenue of US$75.699 million and an export volume of 143.370 thousand tons, alongside a 15.7% increase in the average price compared to the previous year.

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

The number of ships waiting to load sugar in Brazilian ports decreased in the week ending March 20, reveals a survey by maritime agency Williams Brasil. 57 ships were recorded waiting to be loaded, compared to 52 the previous week. According to the survey, the volume scheduled for shipment also dropped, from 2.329 million to 2.109 million tons of sugar. The Port of Santos (SP) leads, with 1.648 million tons, followed by Paranaguá (236,900 tons), Maceió (75.8 thousand tons), São Sebastião (28.3 thousand tons) and Recife (120,213 tons). The cargo scheduled for export mainly consists of varieties such as VHP (1.942 million tons), TBC (64,250 tons) and Refined A-45 (35 thousand tons). Revenue and Volume In March, the average daily revenue from Brazilian sugar exports reached US$75.699 million, with an average daily ...

Source: Portal Do Agronegocio