• Only one vessel was nominated this week;
  • Total nominations for February now stands at 370kmt;
  • Given the current pace of offtake, ports warehouses are full and the system is close to being plugged;

Brazil Monthly Exports

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  • Only one vessel was nominated this week, with 60kmt;
  • Total February nominations now stand at 370kmt;
  • Given the current pace of offtake, ports warehouses are full and the system is close to being plugged;
  • We expected a large chunk of sugar to roll into March;
  • As a reminder, estimate of exports reflects the high availability of sugar in CS and not necessarily a strong demand expected going forward.
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  • In NNE, no nominations for the region this week;

Destinations

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  • Only one vessel was nominated this week, going to Saudi Arabia;

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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