Brazil Sugar-Ship Lineup Reaches 75 Vessels, Williams Data Show
As many as 75 ships were waiting to load sugar at Brazil’s ports in the Center South, the country’s main producing region, one more than a week earlier, according to data from shipping agency Williams Servicos Maritimos Ltda.
The vessels were waiting at the ports of Santos and Paranagua to load about 2.65 million metric tons of the sweetener as of yesterday. On June 29, 74 vessels were waiting to load about 2.7 million tons, Williams Brasil data showed.
Sugar output in Brazil, the world’s largest producer and exporter, dropped almost 25 percent from the start of the harvest to June 16, according to data from industry group Unica.
To contact the reporter on this story: Isis Almeida in London at Ialmeida3@bloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at Ccarpenter2@bloomberg.net.
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