Cotton, coffee and sugar shipments double YoY in 1st week of November

Data released by the government on November 9th indicates that the Brazilian cotton daily export average in the first week of November increased 110.6% compared to November 2019, when the daily average was 27,000 tons. Coffee and sugar shipments almost doubled in the same comparison period.

Corn exports from Brazil attained 289,900 tons/day in the same period, compared to an average of 205,500 tons/day in November 2019. Daily soybean shipments fell 18.55%, to 201,400 tons.

Oil exports from Brazil jumped 143%, to 453,000 tons/day, while iron ore shipments increased by 5.8%, to almost 1.55 million tons a day.

Source: Reuters

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