• Nominations have gone back to the usual pace, with 228kmt of raws added to the line up this week;
  • Total nominations for January now stands at 1.07mmt;
  • In NNE, 40kmt of whites were nominated;

Brazil Monthly Exports

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  • Back to the slower pace of offtake this week, with 228kmt of raws added to the CS lineup;
  • Total January nominations now stand at 1.07mmt;
  • With 1 week to go, we believe that exports in January will fail to meet estimates;
  • 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, this week 40kmt of raws were nominated – total January line up stands at 211kmt;

Destinations

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  • For Nigeria, 45kmt nominated – with 25kmt to be shipped out in February;
  • Further tonnage for Bangladesh, 45kmt nominated this week – total offtake stands at 336kmt nominated in Q1;

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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