DUBAI, Feb 11 (Reuters) - A fire at the Rumo sugar terminal at Brazil’s Santos port this week was extinguished quickly and damage was limited, Jonathan Kingsman, head of agriculture at data provider Platts, said on Tuesday.
The Rumo terminal is controlled by Cosan. A media report of a fire at the terminal had threatened to push up sugar futures after a previous fire at the Santos port.
A fire at a neighbouring terminal on Oct. 18 was the most devastating in the history of Latin America’s largest port, destroying 180,000 tonnes of sugar. Operator of that terminal, Copersucar SA, had made arrangements with Cosan and other companies to store and load supplies.
“There was a fire at Rumo at Santos. The fire was put out quickly,” Kingsman told a plenary session at the Feb. 8-11 Dubai sugar conference.
Cosan officials were not immediately available for comment at the conference in Dubai.
Another sugar trade source said the fire was believed to be small scale.
Kingsman said: “We believe that this (fire) won’t affect the loading capacity at the port this year.” (Reporting by David Brough; Editing by Tom Hogue)