Brazilian daily sugar export average grows 85% in July YoY

Until the fourth week of July, the daily average of Brazilian sugar exports jumped by 85%, with the average shipment per working day totaling 146,400 tonnes, compared to 79,180 tonnes in July last year. The data is from the Foreign Trade Secretariat (Secex).  According to the agency, the country already exported 2.63 million tonnes of sugar in July, higher than the total of 1.82 million shipped in the same month of 2019.

The soy export average also grew, from 323,600 tonnes a day in July last year to 485,000 tonnes by the fourth week of this month, totaling 8.7 million tonnes shipped.  Meanwhile, corn exports declined. Coffee, on the other hand, remains at a practically stable export pace.  In the extractive industry segment, iron ore shipments also have a daily average close to stability, while the pace of oil sales has more than doubled.

Source: Reuters

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