Adjustment of positions and climate favor sugar prices in US and EU

In New York, on ICE Futures, the May/23 contract was contracted at 21.15 cents per pound, an increase of 27 points compared to the prices practiced the day before. The July/23 screen also rose 27 points, trading at 20.58 cts/lb. The other maturities appreciated between 19 and 27 points. In London, ICE Futures Europe for white sugar closed higher on all lots. The May/23 contract was traded at US$ 592.30 a ton, an appreciation of US$ 6.30 compared to Wednesday's prices. The August/23 canvas rose by US$5.60, contracted at US$578.60 a ton. The other contracts valued between 5.70 and 6.10 dollars. On the domestic market, Thursday saw a rise in crystal sugar prices measured by the Cepea/Esalq Indicator, from USP. The 50 kilo bag was traded yesterday at R$ 131.47 against R$ 130.90 the day before, an appreciation of 0.44% comparing ...