• Nominations have slowed down, but China remains as top destination.
  • CS saw 380kmt of raws nominated this week.
  • September has already 2.4mmt nominated.

CS Brazil Monthly Exports

CS Raws Line Up – August registers record raws exports from CS

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  • Further tonnage rolled from August to September, leaving 2.87mmt of raws exported last month in CS – an all-time record.
  • With the volume rolled from August and the 380kmt nominated this week, September line up stands at 2.4mmt .
  • Most of the volume is at Rumo, that remains with a high waiting time to berth of around 19 days.

2020 Santos Exports per Terminal

 

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  • Corn exports should wind down from now on, reducing logistics competition with grains, and opening more room for sugar exports.
  • The question is: will sugar offtake remain high? 

Destinations

CS Brazil Raw Sugar Main Destinations in Q3

   

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  • Out of the new nominations this week, 66kmt are for China – total Q3 offtake so far totals 1.5mmt, the highest offtake for Q3 in 7 years
  • For Nigeria, 50kmt nominated this week – Q3 nominations are 15% higher than last year.
  • For more details on Brazilian exports, have a look at our interactive data: Global Shipments. 

Other Opinions You May Be Interested In…

India: A 7m Tonne Sugar Export Subsidy in 2020/21?  

Brazil NNE 2020/21: Increase in Sugar Availability 

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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