• This week, nominations returned to the slow pace seen since the start of the season;
  • Only 137kmt were added to the CS line up;
  • With one month in the new season, nominations start to appear for NNE – 48km of raws this week.

CS Brazil Monthly Exports 

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

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  • After an improvement in offtake, CS nominations came down to the same sluggish pace reported since the start of the season;
  • This week, only 137kmt of raws were added to the line up;
  • With exports in September set to end at the lowest volume seen in over 10 years, the raws availability has been rolled forward;

Destinations 

CS Brazil Raw Sugar Main Destinations – India Features in Nominations this Week 

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  • This week, 47kmt were nominated to India – total offtake in Q3 stands at 170kmt;
  • For Iraq, one vessel of 42.5kmt – total nominations this quarter stands at 426kmt;

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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