David Bruce Weekly Shipping Report – 4th August, 2023

SUGAR FACT OF THE DAY PORTUGAL’S ROLE IN THE SUGAR INDUSTRY BEGAN BEFORE BRAZIL EVEN INTRODUCED IT. PRIOR TO THIS POPULAR COMMODITY, PORTUGAL HAD ESTABLISHED TRADE RELATIONSHIPS BETWEEN THE LOW COUNTRIES (ANTWERP BEING THE MOST IMPORTANT UNTIL THE MID-SIXTEENTH CENTURY), ENGLAND, THE NETHERLANDS, AND GERMANY. WHEN BRAZILIAN SUGAR CAME ALONG, THESE ROUTES ONLY EXPANDED BECAUSE