Sugar Awaiting Loading at Brazil’s Ports Fell 4.3% in Past WeekClaudia Carpenter
The amount of sugar awaiting loading at ports in top producer Brazil fell 4.3 percent over the past week, according to Williams Servicos Maritimos Ltda.
An estimated 731,519 metric tons of sugar were waiting to be loaded onto ships at the ports of Recife, Maceio, Paranagua and Santos, the country’s biggest, figures e-mailed yesterday from the Recife, Brazil-based shipping agency showed. That compares with 764,053 tons a week earlier.
Raw sugar for July delivery rose 0.3 percent to 17.85 cents a pound by 6:55 a.m. on ICE Futures U.S. in New York.