Brazil increased sugar exports by 29%
According to the Department of Foreign Trade of the Ministry of Development, Industry and Trade of Brazil (MDIC), in July, sugar exports from Brazil amounted to 3.78 million tons, which is 28.5% more than the 2.94 million tons shipped in July 2023.
In value terms, sugar exports in July 2024 reached 1.73 billion dollars, compared to 1.49 billion dollars in the same month last year.
The average price for sugar exported from Brazil in July 2024 amounted to 457.2 USD/t, compared to 506.3 USD/t in July 2023.
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Russia’s lurking grain industry crisis
China extends Canadian canola probe until March 2026
US agricultural sales to increase by $8 bln following agreement with Japan
China’s soybean stocks hit record high amid trade war with US
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon