Edition:
United States

Roberto Samora

Petrobras says ready to launch soy-based renewable diesel upon regulatory approval

Jul 31 2020

Petrobras is ready to produce renewable diesel from soy or other edible oils at commercial scale and will expand investments in the segment as soon as it is granted a sales permit, the company's refining head, Anelise Lara, told reporters on Friday.

UPDATE 1-Wait to load sugar in Brazil Santos RUMO terminal hits 45 days

Jun 16 2020

SAO PAULO/NEW YORK, June 16 The average waiting time for vessels to load sugar at Brazil's main export terminal in the Santos port rose to staggering 45 days in the week ended in June 14, according to data from shipping agency Cargonave.

Wait to load sugar in Brazil Santos RUMO terminal hits 45 days

Jun 16 2020

SAO PAULO/NEW YORK, June 16 The average waiting time for vessels to load sugar at Brazil's main export terminal in the Santos port rose to staggering 45 days in the week ended in June 14, according to data from shipping agency Cargonave.

UPDATE 1-Brazil sugar output soars 65% in year through May

Jun 12 2020

(Includes report details, tables and comments) By Roberto Samora and Marcelo Teixeira SAO PAULO/NEW YORK, June 12 Mills in the main sugar belt in Brazil kept producing as much sugar as possible late in May, driving cumulative output of the sweetener so far in the season to a 65% growth from a year earlier, industry data showed on Friday. Brazilian mills produced 8 million tonnes of sugar in the first two months of the new crop, up from 4.8 million a year earlier, cane industry group Unica said. Mills are allocating as much cane to sugar production as possible, slashing the amount diverted to ethanol production as sales of the biofuel still lag last year's volumes by 30% due to stay-at-home measures. "Mills that used to produce ethanol are now in the sugar business and are interested in how fast they can cash in their volumes of sugar," said Claudiu Covrig, a senior sugar analyst with Platts Analytics. Sugar production in the second half of May reached 2.55 million tonnes, up 36% from a year earlier. Cane crush was at 42.2 million tonnes, 4.7% less (see tables below). Ethanol production fell 16% to 1.81 billion liters late in May, Unica said. Sugar exports are also soaring. Unica said there was an increase of 65% on shipments considering the first two months of the crop, testing capacity of the main sugar port in Brazil. See below detailed figures from Unica's crop report for the second half of May (cane and sugar in million tonnes, ethanol in billion liters, total recoverable sugar-TRS in kg per tonne): BRAZIL'S CENTER-SOUTH - 2ND HALF OF MAY (ANNUAL COMPARISON) 2019/20 2020/21 % CHANGE CANE CRUSH 44.30 42.21 -4.74 SUGAR OUTPUT 1.87 2.55 36.19 ETHANOL OUTPUT 2.17 1.81 -16.66 TRS (kg/T) 125.61 133.78 6.51 CANE TO SUGAR 35.28% 47.35% BRAZIL'S CENTER-SOUTH CUMULATIVE DATA - 2019/20 VS 2020/21 2019/20 2020/21 % CHANGE CANE CRUSH 128.97 144.82 12.29 SUGAR OUTPUT 4.85 8.02 65.10 ETHANOL OUTPUT 6.22 6.19 -0.39 TRS (kg/T) 118.65 126.57 6.68 CANE TO SUGAR 33.31% 45.92% Source: Cane Industry Group Unica (Reporting by Roberto Samora and Marcelo Teixeira Editing by Chizu Nomiyama and David Gregorio)

Brazil prosecutors expand probe into Vale's efforts to shield workers from COVID-19

Jun 10 2020

SAO PAULO The office that enforces labor laws in Brazil's Para state has stepped up an investigation into potential shortcomings in mining giant Vale's efforts to protect workers from the coronavirus, authorities said on Wednesday.

Brazil prosecutors expand probe into Vale's efforts to shield workers from COVID-19

Jun 10 2020

SAO PAULO, June 10 The office that enforces labor laws in Brazil's Para state has stepped up an investigation into potential shortcomings in mining giant Vale's efforts to protect workers from the coronavirus, authorities said on Wednesday.

Sugar shipping rush in Brazil amid COVID surge causes huge vessel logjam

Jun 08 2020

NEW YORK/SAO PAULO/NEW DELHI, June 8 More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may take a month to clear after buyers worldwide scrambled to get ahead of possible disruption caused by the ravages of the coronavirus pandemic.

Sugar shipping rush in Brazil amid COVID surge causes huge vessel logjam

Jun 08 2020

NEW YORK/SAO PAULO/NEW DELHI More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may take a month to clear after buyers worldwide scrambled to get ahead of possible disruption caused by the ravages of the coronavirus pandemic.

Brazil grains trader sees rising demand as Argentine river shipments hit snag

May 28 2020

SAO PAULO, May 28 Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday.

COFCO to turn Santos port terminal from grains to sugar: statement

May 27 2020

SAO PAULO/NEW YORK Chinese commodities trader COFCO International said on Wednesday it will use its 12A terminal in Brazil's Santos port to move sugar instead of grains beginning in July and through the end of the year.

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