b'20American Journal of Transportation ajot.comWF-AJOT-PURCLEAN-2020-ADcl-REV-mm1.pdf 1 5/17/20 10:25 PMWWeesstteerrnnP T MPuurrCClleeaann TMThe disinfection service from your trusted fumigation Vessel piled with sugar queuing at the Port of Santos, Brazil. providerSugar ships queuing in Brazil signalCall today bounce in commodity demandInBrazil,theworldstopsugarCorrea, a partner at Archer Consulting800-542-1542producer,thequeueforshipstoin Sao Paulo, said in a report.export the commodity is lengtheningThe refined premium is boostingwesternfumigation.comin a bullish sign that the biggest sup- demand for raw sugar, said Michael plies ever linked to the expiration ofMcDougall,managingdirectorat a futures contract are bound for con- ParagonGlobalMarketsinNew sumers around the world. York. The drop in production in Thai-The queue of vessels loading orland and Indias muted prospects for expectedtotaketherawmaterialatexports mean South America is driv-Santos, Brazils biggest port, increaseding supplies, he said.50% since the expiration of the MayThis will make Brazils ability to raw-sugarcontractonICEFuturesperform very important as mills face U.S.onApril30,accordingtodatafinancial woes from the recent price fromshippingagencyWilliams.Theslump and crash in cane-based biofuel number of ships climbed to 35 for han- demand,hesaid.Therealsslump dling 1.6 million metric tons of sugar toagainst the dollar makes exports in the countries including Iraq, Bangladesh,greenback more appealing, he said.Yemen, Morocco, China and Nigeria. Servicing: PA, NJ, NY, DE, MD, VA, CTThe premium of refined sugar over the unprocessed raw commodity rose(WHEATcontinued from page 19)to the highest since 2013, often a bull- consider using quotas past the end of ish signal. Last week, the outlook wasthis season.murkyafterSingapore-based WilmarEven so, curbing sales from one InternationalLtd.andChinasCofcoregionmayallowothershippersto InternationalLtd.,whichusuallyfill the gap if theres enough supply. supply consuming markets, combinedDespiteanexpectedsmallercropBarley blow to Australian farmers to deliver a record 2.26 million tonsthis year, recent rains in the EUs top from Brazil against the ICE contract.wheat shipper France have helped toafter China slapMost-active futures have dropped 20%relieveparchedfields,accordingto this year as the coronavirus pandemiclobby group France Export Cereales. Chinasimposedanti-dumpingdecision Chinas made is justified or upended the global economy. We always say that June makesdutiesonAustralianbarleycoulddefensibleinaccordancewithanti-When the buyer nominates a vesseltheharvest,saidPhilippeHeusele,wipe more than half a billion dollarsdumpingpractices,TradeMinister quickly,ittypicallyshowsthereisthegroupspresident.Restrictionsin value off the industry, according toSimon Birmingham told ABC Radio.demand at the final destination, or atelsewherethisyearshowedtooura farmers group, as the levy is con- Birmingham said he would con-least he wants it to look like there is,clients that our supply is really reli- demned by the government. siderthebestpathwayforwardand andpricestendtorespond,Arnaldoable, he said. Australia doesnt believe that thewhetherthistakestheshapeofan appeal to the World Trade Organiza-tionan action urged by Tony Mahar, NationalFarmersFederationchief Succeed with usexecutive officer.China,whichisthebiggest Choose Olympia buyer of Australias barley, will slap ananti-dumpingdutyof73.6%and an anti-subsidy duty of 6.9% on the commodity, according to a statement from the Ministry of Commerce. The announcementcomesastensions betweenthetwocountriessimmer, withAustraliacallingforaprobe into the origins of the coronavirus in recent weeks.We will probably be losing well over half a billion dollars at least in value.Thetradebetweenthetwo countries at its peak has been around A$2 billion. Its a major loss to the economy,itsamajorlosstorural communities,Andrew Weidemann, Livestock beingGrainProducersAustraliachairman loaded to vessel told Sky News.It is within their power to remove thesedutiesatanytimeduringthe five-yeartimeframeandwewould 360.528.8033|[email protected]|PORTOLYMPIA.COMhope they do decide to do that, Bir-mingham said.'