Crystal sugar prices remain steady in São Paulo

Crystal sugar prices were somewhat firmer in the São Paulo spot market last week. This is indicated by surveys from the Center for Advanced Studies in Applied Economics (Cepea). According to the institute, some buyers sought to negotiate new lots, especially of crystal type Icumsa 150. Faced with supply restrictions, due to the higher volume destined for exports, agents from the sugar mills in the state of São Paulo sought to sell in the spot market at firm prices. From October 6 to 10, the Cepea/Esalq Indicator, color Icumsa 130 to 180, in ...