Average price of crystal sugar drops in the São Paulo spot market

Average prices of white crystal sugar fell again in the São Paulo spot market last week, with the Cepea/Esalq Indicator ranging between R$ 115 and R$ 116 per 50 kg bag. In the balance from October 13 to 17, the average was R$ 116.17/50 kg bag, 1.01% below the previous interval's average of R$ 117.36/50 kg bag. Researchers explain that, among the types of crystal sugar traded, only Icumsa 150 maintained price support. For Icumsa 180, falling values reflect the accumulated stocks in some mills. In addition, according to ...