11 November 2011 18:00 [Source: ICIS news]
HOUSTON (ICIS)--Ethanol shipments from Brazilian ports jumped by 29% in October to 195,504 tonnes, compared with 152,139 in October 2010, the Williams Shipping Agency said on Friday.
Most of the increase came at Santos and Paranagua, which increased exports by 22% and 26% respectively. Over 95% of Brazil’s exports shipped from those ports, with the remainder originating in Cabedelo and Suape.
Williams is one of the largest shipping agencies in Brazil.
Latin America’s largest port, Santos, also continued to lead in ethanol exports, shipping 154,083 tonnes. Cargoes from Paranagua totalled 32,929 tonnes.
Seven vessels accounted for 62% of all October shipments, going to India, Singapore, South Korea, Argentina, Trinidad and Tobago and the US.
Five countries received 73% of all Brazilian ethanol exports: Argentina, Singapore, India, South Korea and the US.
Argentina ranked first with 44,281 tonnes, or 23% of all exports. The largest ethanol shipment, of 28,659 tonnes on the Sichem Osprey, sailed to San Lorenzo, Argentina.
For more on ethanol, visit ICIS chemical intelligence
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