Table 2

Random inputs for Brazil’s origins, routes and modes

Model inputMean valueOriginal unitsConverted unitsSource
Basis: Barreiras−0.8344Real/60 kg bagBasis in USD/buThomson Reuters Eikon
Basis: Sorriso−1.7205Real/60 kg bagBasis in USD/buThomson Reuters Eikon
Basis: Rio Verde−0.7332Real/60 kg bagBasis in USD/buThomson Reuters Eikon
Basis: Ponta Grossa0.06589Real/60 kg bagBasis in USD/buThomson Reuters Eikon
Basis: Rondonópolis−0.9361Real/60 kg bagBasis in USD/buThomson Reuters Eikon
Ocean: Brazil to China via Cape Hope0.82213USD/mtUSD/buThomson Reuters Eikon
Ocean: Brazil to China via the Panamá Canal1.0512USD/mtUSD/buThomson Reuters Eikon
Port: Santos0.6967USD/mtUSD/buThomson Reuters Eikon
Port: Paranaguá0.7670USD/mtUSD/buThomson Reuters Eikon
Port: North (Pecém)1.4559USD/mtUSD/buThomson Reuters Eikon
Exchange Rate3.1081USD/BRLUSD/BRLThomson Reuters Eikon
Waiting Time: Paranaguá4.1204DaysDaysAgencia Maritima Cargonave Ltda (2013–2019) 
Waiting Time: North (Santarem)4.7112DaysDaysAgencia Maritima Cargonave Ltda (2013–2019) 
Waiting Time: Santos7.1053DaysDaysAgencia Maritima Cargonave Ltda (2013–2019) 

Source(s): Authors’ own creation

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