Brazilian Trade Data
Brazil exported 28.7 Mt of iron ore in April, up 16% year-on-year, official trade data show. This took the January-April total to 108.1 Mt, marking an annual gain of 12%. In contrast, exports of corn (0.2 Mt), soya (7.8 Mt) and raw sugar (0.6 Mt) combined were down 22% in April, at 8.5 Mt. The combined January-April total was 26.9 Mt, which compares with 31.2 Mt for the same period in 2014.