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  • One of the slowest weeks so far in 2019, only 127kmt of raws were added to CS line up; 
  • After good offtake in October, it seems as November could end with a lower volume exported; 
  • Algeria remains as the main offtaker of Brazilian VHPs. 

CS Brazil Monthly Exports 

  • This week, 127kmt of raws were added to CS line up; 
  • Due to the slowdown in offtake, total exports in November could end at a level similar to last year; 
  • This means that availability continues to roll forward; 
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  • In NNE, 33kmt of raws were nominated taking total volume in November to 260kmt – already 30kmt higher yoy. 

Destinations 

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  • This week, 33kmt were nominated to Morocco – total offtake in Q4 stands at 165kmt; 
  • Another vessel for Chile this season with 42kmt. 

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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