Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Agriculture

Brazil's port lineup shows at least 7.8 mil mt soybeans to sail in April: Williams

Agriculture | Energy | Coal | LNG | Oil | Crude Oil | Gasoline | Metals | Steel | Raw Materials | Shipping | Storage

Market Movers Asia, Apr 6-10: OPEC+ delays oil output cut talks; COVID-19 continues to disrupt markets

Agriculture | Biofuels

Platts Biofuelscan

Commodities | Agriculture | Biofuels | Oil

Geneva Biofuels Conference

Agriculture

China may see lower arrival of soybeans in April: Cofeed

Brazil's port lineup shows at least 7.8 mil mt soybeans to sail in April: Williams

Highlights

Vessel operations at major ports remains normal so far

4 mil mt of beans still lined up for rest of March

New Delhi — At least 7.8 million mt of soybeans are expected to sail out from Brazilian ports in April, with almost half of the volumes set for China, recent lineup data from shipping agency Williams showed.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Due to the coronavirus pandemic, local authorities in Brazil have taken measures to limit the spread of the virus, raising concerns in the market about possible work stoppages at key agriculture ports.

However, loading and discharging of vessels has so far continued normally at key ports in Brazil, including Santos, Paranagua and Rio Grande, according to a recent update from shipping agency Wilson Sons.

Vessels are still scheduled to sail out with a combined 4 million mt of beans within the next seven days from various ports in Brazil, with some of the shipments likely spilling over to April.

The average pace of Brazilian soybean exports so far in March is 479,200 mt/day, according to data from Brazil's Ministry of Industry, Foreign Trade and Services (MDIC).

From February through May, Brazil's soybean exports generally pick up pace as the harvest season goes into full swing.

Brazil's March shipments have already risen sharply, with 7.2 million mt of soybeans shipped in the first three weeks of the month, double from the same period a month ago, according to MDIC data.

The Brazilian soybean export market has shown renewed signs of strength in March, most recently on the back of stronger demand from China where crushing margins were turning profitable again, according to sources.

The grain freight market has also remained weak amid a global trade slowdown due to the coronavirus pandemic. Soybean freight from Brazil to China has dropped $1/mt to $20.50/mt since the end of last week, according to S&P Global Platts data.

In recent years, China has been the biggest buyer of Brazilian soybeans, accounting for about 80% of shipments.