Sugar rush: Brazil earnings with sales of sugar and molasses tops 2021 yearly profit 

According to government data released on Monday, September 26, Brazil exported 2.37 million tonnes of sugar and molasses up until the fourth week of September (16 working days), with a daily average higher than in the same period of 2021 and revenue higher than last year’s profits, US$ 946.19 million.

In the last week alone, Brazil exported more than 560,000 t.

In August, Brazil exported 3.04 million tonnes of sugar and molasses. In the entire month of September 2021 (21 working days), product exports totaled 2.54 million t and revenue of US$ 857.32 million.

See below the track record of the Brazilian exports of sugar and molasses (HS 1701; HS 1702; HS 1703) from Jan 2021 to Jul 2022. The data is from DataLiner.

Exports of Sugar and Molasses | Jan 2021 – Jul 2022 | WTMT

Source: DataLiner (click here to request a demo)

According to the analysis of tonnes per day on average, Brazil exported 147.97 thousand t/day of sugar and byproducts, more than 22% more than the amount seen in September 2021 (121.35 thousand t/day). The cost of shipping has increased by more than 18% to $399.60/t.

Source: Notícias Agrícolas

To read the full original article, please go to: https://www.noticiasagricolas.com.br/noticias/sucroenergetico/328255-exportacao-de-acucares-e-melacos-totaliza-2-37-mi-de-t-ate-4-semana-de-setembro-e-receita-ja-supera-2021.html#.YzHzIHbMLIU

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