- This week, 2016kmt of raws were added to CS line up;
- Total nominations for December now stands at 980kmt;
- In NNE, 25kmt of raws were nominated;
CS Brazil Monthly Exports
- Official recap for November has been disclosed this week, and raws exports totalled 1.22mmt – the lowest volume since 2008/09;
- The issue is not availability, but rather a lack of demand;
- Weak nominations are keeping stocks high in CS;
- December nominations now stands at 980kmtkmt;
- Total exports in December should be similar as the previous month;
- After a peak of exports in November, nominations in the region have cooled down;
- December line up stands at 80kmt so far;
Destinations
- This week, 50kmt were nominated to Nigeria – total offtake in Q4 stands at 537kmt;
- First vessel for Malaysia this quarter with 60kmt;
Summary Table