- 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
- 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.
- In NNE, this week 40kmt of raws were nominated – total January line up stands at 211kmt;
Destinations
- 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