BR: Movimentação ferroviária cresceu em outubro

Spanish Market: Agriculture, Fertilizers, Metals
09/12/22

A movimentação de carga ferroviária no Brasil aumentou em outubro na comparação anual, impulsionada pela alta nos volumes de granéis agrícolas, especialmente da segunda safra de milho do país.

A carga ferroviária totalizou 33,8 bilhões de t/Km em outubro, um aumento de 12,1pc em relação aos 30,2 bilhões de t/km em outubro de 2021, de acordo com a Associação Nacional dos Transportadores Ferroviários (ANTF). A movimentação de carga por ferrovia cresceu 0,3pc em relação ao mês anterior.

A movimentação de minério de ferro atingiu 22,9 bilhões t/km, contra 22 bilhões t/km um ano antes. O transporte de contêineres subiu de 343 milhões de t/km para 410 milhões de t/km.

Os volumes de combustíveis atingiram 719 milhões de t/km, em comparação com 684 milhões de t/km no ano anterior. A carga agrícola a granel totalizou 7,3 bilhões de t/km, contra quase 4,6 bilhões de t/km no ano passado. A movimentação de outras cargas atingiu 2,53 bilhões t/km, de 2,5 bilhões t/km.

No acumulado do ano até outubro, a movimentação de carga totalizou 310,6 bilhões t/km, um aumento de 0,3pc em relação ao mesmo período de 2021.

De janeiro a outubro de 2022, 95,4pc do minério de ferro e 49,1pc da soja e do farelo de soja exportados do Brasil chegaram aos portos por ferrovia, segundo dados da ANTF, aumento de 1,6 e 8,5 pontos percentuais, respectivamente, em relação ao mesmo período de 2021.

O transporte ferroviário respondeu por metade das exportações de milho e 54pc das exportações de açúcar, com queda de 9,9 e 7,5 pontos percentuais, respectivamente.

A ANTF representa as operadoras ferroviárias responsáveis pelo transporte de cargas nas 13 malhas ferroviárias administradas pela iniciativa privada brasileira, que cobrem cerca de 30.000km. A associação monitora granéis agrícolas, minério de ferro, combustíveis, contêineres e outras cargas, como celulose, carvão e aço.

Por Joao Petrini

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20/12/24

Viewpoint: Copper volatility, uncertainty ahead in 2025

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Viewpoint: PGM demand from hydrogen sector to rise

20/12/24

Viewpoint: PGM demand from hydrogen sector to rise

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US Congress passes waterways bill

19/12/24

US Congress passes waterways bill

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USDA awards more funding to increase fertilizer output

19/12/24

USDA awards more funding to increase fertilizer output

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Q&A: Xcelsior aims to derisk minor metals investment

19/12/24

Q&A: Xcelsior aims to derisk minor metals investment

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Minor metals have multiple end-uses, each with its different market dynamics. You must have a very deep understanding of the commodities themselves, the pricing mechanism, and the material specifications… these supply chains can be opaque. They can be very complex and fast-changing. Being able to navigate them is quite challenging for a lot of more generalist investors. It fundamentally creates a market risk component for critical metals, which can be a barrier. Additionally, many larger mining companies have traditionally avoid these markets because the assets are smaller and may not yield the expected revenue and profits compared with larger copper or iron ore mines. Which metals are on your radar? We are looking very closely at all the major commodities where Wogen has a prominent trading platform, including antimony, tungsten, vanadium, mineral sands, chrome and magnesium. We also are very interested in cobalt, but more on the recycling and processing side. In base metals, we are looking at tin. We focus on those commodities with energy transition links to new demand centres. New demand from sources like solar in small markets can significantly impact overall percentages and returns. For instance, electrification drives substantial demand growth for larger markets like copper, but its impact is smaller than that of markets like antimony. You recently signed an antimony deal with Larvotto Resources in Australia. Could you tell us more about it? We have signed a binding agreement with Larvotto Resources, whose subsidiary owns the brownfield antimony/gold Hillgrove project in New South Wales, Australia. We provided a $4mn loan in return for a seven-year production offtake agreement with Wogen, which will obtain the antimony concentrate from the mine and sell it globally through its customer base. Antimony prices have soared this year in part because of China's export restrictions. 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