White crystal sugar prices rose on the spot market in the state of São Paulo in February. “The support was attributed to the lower supply of better quality sugar (type Icumsa up to 180). However, even with little availability, weak demand led some mills to give up on selling prices, especially at the beginning and end of the month”, stated researchers from the Center for Advanced Studies in Applied Economics (Cepea), at Esalq/USP , in report. According to the document, the CEPEA/ESALQ Crystal Sugar Indicator (state of São Paulo) accumulated a rise of 1.24% in February, closing at R$ 133.49/50 kg bag on the 28th. of R$ 132.09/50 kg bag, decreases of 1.41% compared to January (R$ 133.98/50 kg bag) and 8.77% compared to February/2022 (R$ 144, 78/50 kg bag), in nominal terms. READ MORE > 20 years of flex technology is highlighted at the opening of Santander DATAGRO In February/2022, the monthly indicator for crystal sugar CEPEA/ESALQ for Pernambuco was R$ 139.71/sc of 50 kg, up 1.25% ...