The Parana River recovered part of its volume and was located in November 50 centimeters above your reference level thanks to the rains in southern Brazil, which allowed the cargo capacity of cereal ships to increase by 21% in the last two months to 38,000 tons, reported the Rosario Stock Exchange (BCR).
This level was 23% above November last year and 19% above the November 2020 average.
“The growth of the level of the Paraná in recent months has been remarkable; last November the river at the height of Rosario exceeded three meters in height for the first time since August 2019, when just two months before we could find the water levels below the meter”, detailed the BCR.
The way out of the significant water shortage that has been seen in recent months was thanks to the huge volume of rains that was observed in the south of Brazil, in the states of Mato Grosso and Paraná.
The drop in water levels last year was close to becoming in the worst downspout in nearly seventy yearsvery close to that of 1944.
“Although the height of the river of the Up River ports could drop below a meter in the coming weeks, the Paraná today is in a normal hydric condition, according to the National Water Institute (INA)”remarked the stock exchange entity.
In this sense, he concluded that “the outlook is far from being optimal in other years, a return to critical levels is not expected soon, despite the severe drought that continues to plague the country.”