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Search resuls for: "Antonio Mesquita"


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FILE PHOTO: Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. “We hear some vessels are delayed even 25-27 days,” said sugar industry consultants CovrigAnalytics in a note on Thursday. The line-up of vessels to load sugar in Brazil rose nearly 40% in the last week to around 4.2 million metric tons, 25% more than at the same time last year. About 90 vessels are available at the ports to load sugar. Buyers are already expecting delays, said a director at one of the largest sugar exporters in Brazil.
Persons: Antonio Mesquita, Amanda Perobelli, Williams, , , CovrigAnalytics Organizations: Reuters, REUTERS, Shipping, ING, Santos Locations: Santos, Brazil, New York
Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. Raw sugar is usually shipped in bulk, while refined sugar uses containers. ING analysts said some sugar shipments scheduled to depart Brazil in October will likely be pushed to November. A director at one of the largest sugar exporters in Brazil said, however, that buyers were already expecting the delays. The forecast is for only light rains in the coming days at Santos, with heavier downpours expected from Oct. 28.
Persons: Antonio Mesquita, Amanda Perobelli, Williams, Marcelo Teixeira, Jamie Freed Organizations: REUTERS, Shipping, ING, Santos, Thomson Locations: Santos, Brazil, New York
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