• Improvement in nominations this week with 395kmt of raws added to Centre South line up;
  • Nominations in October have reached 680kmt;
  • Main offtaker this week was Iraq, with 127kmt.

CS Brazil Monthly Exports

CS Monthly Exports – 2019 Offtake Below Last Year’s Levels

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  • This week, 395kmt of raws were added to CS line up;
  • Total nominations for October stands at 700kmt;
  • In order to reach the volume expected for the month, upcoming nominations would need to average 400kmt – and given shipment pace so far this season it looks unlikely at this point;
  • It seems that more rolling is to be seen…

Destinations 

CS Brazil Raw Sugar Main Destinations – High Volumes for Iraq this Week*

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                                                                                  *Nominations until mid-October

  • This week, 127kmt were nominated to Iraq – total offtake in Q4 stands at 200kmt;
  • For Algeria, 2 vessels totalling 90kmt – total nominations this quarter stands at 91kmt;

Summary Table 

2019/20 Brazil Summary Table of Exports

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                                                                                                                                 **Considering nominations so far

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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