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A fire in Brazil's largest port has burnt some 180,000 tonnes of raw sugar, damaging six warehouses1 and pushing international prices to a one-year high.
巴西最大的港口发生一起火灾,烧掉了大约18万公吨粗糖,损毁了六处货仓,致使国际糖价上涨至本年度最高点。
Port authorities say the fire began in one of the overhead conveyor belts taking sugar into the warehouses The authorities in the port of Santos said it took six hours to bring the fire under control.
The cause of the blaze is still being investigated.
Brazil is the world's main sugar exporter, accounting2 for nearly half of international sales.
Four other sugar terminals are operating normally, port authorities said.
"International markets react because they know there will be a temporary drop. But other terminals will certainly make up for the accident," sugar market analyst4 Plinio Nastari told Folha de Sao Paulo newspaper.
Sugar prices in New York future markets went up by 6% when news of the fire broke, dropping later in the day.
Port authorities said that the fire began at around 06:00 local time on a conveyor belt taking raw sugar into one of the warehouses.
They say this is the biggest fire in the history of the port of Santos, which exported 12.8 million tonnes of sugar in the first eight months of the year.
The port is located some 80km from Sao Paulo.
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