Weak demand keeps white crystal price falling

Negotiations involving white crystal sugar remain slow in the spot market of the state of São Paulo – this weak movement has been observed since the end of October. Researchers from Cepea indicate that this scenario is linked to the reduced demand for prompt delivery of crystal. On the supply side, a larger volume of Icumsa 180 crystal available for sale continues to be observed. In this context, the CEPEA/ESALQ Indicator for white crystal registered a decrease of more than 6% in the first half of November. In the field, data ...