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Marcelo Teixeira

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

28 May 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.

UPDATE 1-COFCO to turn Santos port terminal from grains to sugar - statement

28 May 2020

SAO PAULO/NEW YORK, May 27 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.

Soy loading resumes at Brazil port after COVID-19 case, ship in quarantine

27 May 2020

SAO PAULO/NEW YORK Soybean loading operations were set to resume late on Tuesday at a berth at Brazil's Paranaguá port after a ship was ordered into quarantine following a positive COVID-19 test on a crew member, authorities said.

UPDATE 2-Soy loading resumes at Brazil port after COVID-19 case, ship in quarantine

27 May 2020

SAO PAULO/NEW YORK, May 26 Soybean loading operations were set to resume late on Tuesday at a berth at Brazil's Paranaguá port after a ship was ordered into quarantine following a positive COVID-19 test on a crew member, authorities said.

Brazil sugar production up 55% in May; ethanol sales recover

26 May 2020

SAO PAULO/NEW YORK Brazil's centre-south region produced 2.5 million tonnes of sugar in the first half of May, up 55% from a year earlier, as mills continued to favor sweetener production over ethanol.

Brazil coffee harvest lags as pandemic impacts fieldwork - report

21 May 2020

SAO PAULO/NEW YORK Brazilian coffee growers picked 13% of expected 2020 production by May 19, a slower pace than in the previous year and below the historical average for this time of the year, consultancy Safras & Mercado said in a report on Thursday.

Arabica coffee growers see harvest delays, possible losses due to coronavirus

11 May 2020

SAO PAULO/BOGOTA/NEW YORK South American coffee growers may delay harvest this year and limit the number of workers they employ as the novel coronavirus pandemic continues to spread, threatening to reduce this year's crop of export-quality beans.

UPDATE 1-Brazil's Cosan CEO sees increased difficulty for some sugar companies

23 Apr 2020

NEW YORK, April 23 Sugar and ethanol company Cosan SA expects increased financial difficulties for some Brazilian companies in the sector as demand for the biofuel falls and prices for the sweetener hover around a 12-year low .

Ethanol demand slump puts Brazil sugar industry in a grind

17 Apr 2020

NEW YORK Brazilian sugar and ethanol companies are going into survival mode, cutting back harvest operations and tapping into credit lines to weather the slump in fuel demand caused by the coronavirus pandemic.

UPDATE 2-Brazil fuel distributors to cut ethanol buying amid lockdown

31 Mar 2020

NEW YORK/SAO PAULO, March 30 Two of Brazil's largest fuel distributors said on Monday they are cutting the amount of ethanol they will buy from local suppliers to adjust to a slump in demand amid the coronavirus lockdown in Latin America's largest economy.

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