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Sugar futures contracts rose on international exchanges this Wednesday (6), reversing the declines of recent days. According to analysts consulted by Reuters, the upward movement was driven by the appreciation of the Brazilian real and the expectation of heavy rains in the main producing regions of Brazil, the world leader in sugar production and exports. Another important factor discussed in the market was the increase in Brazilian sugar exports. Data from the Secretariat of Foreign Trade (Secex) reveal a record export of the product in the first ten months of 2024, surpassing the total volume exported in 2023. According to a note from Argus, the restrictions imposed by India — the world's second largest sugar producer — on its exports increased the demand for the Brazilian product. Currently, Brazil accounts for around 70% of global exports of raw sugar. Indonesia is emerging as the main destination for Brazilian sugar,

Egyptian ports are receiving 505,000 tons of clean dry bulk, including corn, wheat and sugar, for the private sector and the General Authority for Supply Commodities, through the ports of Dekheila, Alexandria and Damietta, according to data from the Maritime Transport Sector. The sector's data showed that Dekheila Port received a shipment of Russian wheat for Al-Iman Import and Export Company, amounting to 72.7 thousand tons. Damietta Port also received a shipment of Brazilian corn amounting to 49.4 thousand tons for Cairo Three A Company, while Damietta Port received a shipment of Brazilian sugar amounting to 48 thousand tons for the General Authority for Supply Commodities. Dekheila Port also received a shipment of Russian wheat for Horus Grain and Products Company amounting to 32 thousand tons, while Damietta Port will receive tomorrow a shipment of Ukrainian wheat for the General Authority for Supply Commodities amounting to 63 thousand tons. Alexandria Port will also receive a shipment of 52,000 tons of Bulgarian wheat for the General Authority for Supply Commodities via the Wadi Taiba ship, which belongs to the National Navigation Company. Tomorrow, Dekheila Port will receive a shipment of 20,000 tons of Brazilian corn for the Oasis Feed Company, while Al-Iman Company will receive

Egyptian ports are receiving this week 286 thousand tons of dry bulk, consisting of "wheat and sugar", imported from Brazil and Russia, via the ports of Damietta, Alexandria, Dekheila and Sokhna. In this regard, Alexandria port is scheduled to receive a shipment of Russian wheat amounting to 63 thousand tons via the ship Wadi Al-Muluk for the benefit of the General Authority for Supply Commodities. Damietta port is also receiving a shipment of Brazilian sugar imported for the benefit of the General Authority for Supply Commodities via the ship Magic Seas, amounting to 52.5 thousand tons. Dekheila port is also receiving a shipment of Russian wheat for Astra Limited amounting to 5 thousand tons, and Dekheila port is also receiving a shipment of Russian wheat for Al-Iman Import and Export Company amounting to 25 thousand tons. While Alexandria port is receiving a shipment of Brazilian corn for Manasik Import and Export Company amounting to 58 thousand tons. Sokhna Port also receives a shipment of Brazilian sugar amounting to 60 thousand tons for the Egyptian United Sugar Company. While Al-Bustan Mills Company receives a shipment of Russian wheat amounting to 23.5 thousand tons through Alexandria Port. The Russian Ministry of Agriculture announced that customs duties on exports of