• This week, 1.2mmt were nominated in CS;
  • May line up already stands at 2.1mmt;
  • June nominations already stands at 500kmt.

CS Brazil Monthly Exports

  • A combination of the May expiry and movements from players of the tape delivery saw a record of 1.2mmt of raws nominated in CS.
  • All sugar operating terminals are now close to max capacity and further nominations will be forcefully rolled into June.
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  • Out of the 1.2mmt of raws nominated this week, 500kmt are for June shipments.

Destinations

CS Brazil Raw Sugar Main Destinations

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  • Out of the nominations this week, 180kmt are for Bangladesh – total Q2 nominations stands at 346kmt.
  • For Indonesia, over 100kmt nominated taking total offtake in Q2 so far to 391kmt.
  • Have a look at our interactive data to see Brazilian top destinations: Global Shipments. 

Port Situation: Covid – 19

  • The capital of Maranhão state, São Luís, where Itaqui port is located, became the first large Brazilian city to implement a lockdown to combat the new coronavirus this week. However, according to the port authorities this will not affect the operations
  • The remainder of Brazilian ports are functioning normally.
  • A lockdown in Sao Paulo state is under consideration and could have a logistical impact for sugar arriving at Santos.

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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