CUBANET ... CUBANEWS

January 10, 2000



First 1999/00 Cuban sugar freight fixture reported

LONDON, Jan 10 (Reuters) - A Cuban bulk sugar cargo was reported on Friday to have been fixed to the Black Sea at around $23 a tonne, the first fixture of its 1999/00 cane crop shipbrokers said.

Cuba's Sugar Ministry has said that sugar output should exceed 4.0 million tonnes, up from 3.78 million in 1998/99.

NEW ORDERS:

Jean Lion 25,000 t, bulk

Tate & Lyle 21,100/21,2000 t, bulk

Maceio or Recife to US Gulf/Atlantic, prompt onwards

Sucden 14,000 t, bagged

N.Brazil to West Africa, prompt shipment

NEW FIXTURES:

Sucden 25,000 t, bulk

Cuba to Baltic/Black Sea, Jan 15-30 shipment, approx $23/tn Sucden (on subjects) 14,000 t, bagged

Maceio or Recife to West Africa, prompt shipment

Booker 11,500 t, bulk

Georgetown to London or Nantes, mid-Jan shipment

ED & F Man 14,000/14,700 t, bagged

Santander to Tunisia, prompt shipment

Tradigrain understood will to pay $24.50 t, possibly more for their Brazil to Black Sea cargo.

06:24 01-10-00

Copyright 2000 Reuters Limited.

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