• Busy week, with over 700kmt of raws added to CS line up.
  • June nominations already stands at 1.5mmt.
  • Teag terminal brings additional capacity.

More Space for Sugar

  • Currently May line up stands at 2.6mmt, with 2.1mmt sailed to date – we expect that due to pace of operations, further tonnage should roll into June.
  • Strong offtake this week, with over 700kmt of raws nominated in CS.
  • This brings June line up to 1.5mmt already.
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  • Helping the pace next month is Teag terminal, which is resuming sugar loading operations.
  • Since last December, the terminal was operating exclusively with grains.
  • This is common for Teag as it is not able to work simultaneously with grains and sugar.
  • For more insights on how the terminals in Brazil operate, visit our Brazilian Port Logistics Dashboard .
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Destinations

  • Out of the new nominations this week, 135kmt of raws to Algeria – offtake is already 65% above yoy.
  • More offtake from Bangladesh with 75kmt this week – total nominations in Q2 stand at 363kmt.
  • Another vessel for Saudi Arabia with 60kmt.

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Other Opinions You May Be Interested In…

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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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