• Increase of offtake, with 400kmt of raws added to CS line up;
  • Total march nominations stand at 1.5mmt;
  • This March could see the strongest exports since 2014;

CS Brazil Monthly Exports

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  • Nominations in CS totalled 400kmt this week;
  • Total March nominations now stand at 1.5mmt;
  • If more vessels are nominated to be shipped this month, March could see the highest exports on the record for this period.
  • For April, 107kmt have already been nominated

Destinations

 CS Brazil Raw Sugar Main Destinations

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  • Out of the new nominations this week, 35kmt are destined to USA – total Q1 offtake stands at 66kmt;
  • Tunisia with 30kmt nominated – the first volume since September.

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Port Situation

  • Due to coronavirus, we are monitoring how the situation at the logistic system will develop.
  • So far, port operation working normally, no information yet about closing the operation.
  • ANVISA is asking for the Medical Logbook and the Maritime Health Declaration issued at least 48 hours before arrival to be attached to the PSP.
  • If any crew feeling sick, the vessel will enter quarantine for 14 days. – authorities look at each case individually.
  • To board the vessel, safety equipment is required.
  • Immigration has stopped boarding the vessels for clearance, all will be done at their office.
  • Other authorities have informed boarding will be cancelled, only if necessary.
  • The stevedores have reached an agreement and will continue to work as normal.
  • Another meeting will be held this Friday (20/03) between all parties in order o decide if additional measures are necessary.

Summary Table

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Ana Zancaner

Ana graduated from Insper University Sao Paulo in 2013, with a bachelor’s degree in business administration. She joined CZ as an intern in 2013 and is now our senior analyst in our Sao Paulo office. At CZ she is responsible mainly for analysis of the Brazilian sugar and ethanol sector but supporting other consulting requests as well.

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