• Another week with strong nominations – 518kmt of raws;
• However, despite the increase in offtake the system is plugged;
• Mills complain of the difficulty of delivering sugar at the ports.

CS Brazil Monthly Exports

• This week, 518kmt of raws were added to CS line up;
• Total nominations for October stands at 1.35mmt;

• Despite the strong line up, the logistical system in CS is plugged;
• A combination of slow offtake in previous weeks, rains at the ports and all the new nominations for after the 15th October has stressed the system;
• It looks like it could take a week for things to normalize;
• Mills will need to have patience for the upcoming days…

Destinations

• This week, 44kmt were nominated to Iraq – total offtake in Q4 stands at 226kmt;
• For Nigeria, 35kmt – total nominations this quarter stands at 170kmt;

Summary Table