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Analyst Insights Analyst Insights Brazil Line Up: Lower Waiting Time to Berth

August 28, 2020

1 min read

Brazil Line Up: Lower Waiting Time to Berth

  • Around 500kmt of raws rolled from August to September.
  • August exports could end lower than estimated, but still a record.
  • September has already 1.9mmt nominated.

CS Brazil Monthly Exports

CS Raws Line Up – August could see a record of exports out of CS

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  • Around 500kmt from the August line up rolled into September.
  • As it stands, August could see around 3mmt of raws exported – slightly lower than our previous estimates, but nonetheless a record.
  • As for nominations, this week 564kmt of raws were nominated in CS taking September nominations to 1.9mmt.

Santos Waiting Time to Berth – reducing line of vessels

 

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  • Waiting time to berth is now expected to fall in September.
  • However, Rumo is already close to capacity with 750kmt nominated for September.
  • This suggests the terminal might remain reporting the highest waiting time in Santos.

Destinations

CS Brazil Raw Sugar Main Destinations in Q3

 

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  • Out of the new nominations this week, 117kmt are for Iraq – total Q3 offtake so far totals 524kmt, around 40% higher yoy
  • For Bangladesh, 53kmt nominated this week – Q3 nominations are 50% 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…

Indonesia: Record Raw Sugar Imports 

The Long Read: China to Import Record Sugar Volumes in 2020 

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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 Czarnikow as an intern in 2013 and is now our senior analyst in our Sao Paulo office. At Czarnikow she is responsible mainly for analysis of the Brazilian sugar and ethanol sector but supporting other consulting requests as well.

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