Sugar Awaiting Loading at Brazil’s Ports Fell 12% in Past Week

The amount of sugar awaiting loading at ports in top producer Brazil fell 12 percent in a week, according to Williams Servicos Maritimos Ltda.

Sugar waiting to be loaded onto ships at Recife, Maceio, Paranagua and Santos, the country’s biggest port, totaled 1.04 million tons, figures e-mailed yesterday from the Recife, Brazil-based shipping agency showed. That compares with about 1.18 million tons a week earlier.

Raw sugar for delivery in July fell 0.5 percent to 16.86 cents a pound by 9:33 a.m. on ICE in New York.

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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.