• Strong Christmas week nominations, with over 600kmt added to CS raws line up.
  • Main offtaker of the week is Indonesia with 170kmt.
  • December line up stands at 2.4mmt, which is the strongest on record for the month.

CS Brazil Exports

  • Over 600kmt of raws were nominated this week in CS – out of which 280kmt is for December shipment.
  • Although December nominations stands at 2.4mmt, so far only1.5mmt have sailed.
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  • This leaves a balance of close to 900kmt to be shipped in 8 days.
  • Due to the end of the year holidays, we expect that around 200kmt could roll into January.
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  • Furthermore, heavy rains forecasted this week for Santos could disrupt operations and cause additional delays in raw sugar exports – close to 70% of the balance to be shipped is nominated in Santos.

Destinations

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  • Out of the new nominations this week, one last vessel for the year for Algeria with 47kmt.
  • And 59kmt for Bangladesh
  • As for January shipments, 170kmt are for Indonesia.
  • For more details on Brazilian exports, have a look at our interactive data: Global Shipments. 

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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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