MOST IMPORTANT SHIPMENT RESULTS NOVEMBER 2024:
- Shipments: 271.38 Mlbs (+13.9%) (Historic Record)
- November sales: 209.46 Mlbs (+0.6%)
- Total sales to date: 1,523.43 Mlbs (-2.5%)
– Carryin: 502,65 Mlbs (-37,2%)
- Crop intake: 2,342.22 Mlbs (+25.4%)
- Total available quantity (harvest + surplus harvest 23): 2,798.02 Mlbs (+6.4%)
- Total shipped: 911.67 Mlbs (-0.4%)
- Total sold unshipped: 611.77 Mlbs (-5.5%)
- Total turnover: 1,274.59 Mlbs (+19.4%)
- Shipments to Spain in November: 20.65 Mlbs (+22.6%) (total -15.5%)
- Shipments to Europe in November: 85.97 Mlbs (+74.8%) (overall +0.5%)
- Major countries with positive shipments: Japan, France, Germany, Italy, Netherlands, United Kingdom, Saudi Arabia, Turkey and Morocco.
- Major countries with negative shipments: Domestic market, China, South Korea, India and the United Arab Emirates.
SHIPMENT AND MARKET ANALYSIS
Very good and bullish data with the doubt of the crop entry that is going higher than what was said after the publication of the objective estimate.
However, the market, mainly due to the low activity during the Christmas season, has remained unchanged. We have opted for a continuous and stable trend.
We hope our comments will help.
Thanks
