Tridge summary
The survey by Cepea shows that the CEPEA/ESALQ white crystal sugar indicator (Icumsa 130 to 180) for the state of São Paulo registered significant volatility over the past week, with an amplitude of approximately 3 Reais per 50 kg bag between the floor and the ceiling. In the balance from December 8 to 12, the average of the indicator was R$ 110.30/sc, an increase of 2.09% from the previous period.
Original content
A survey by Cepea shows that the CEPEA/ESALQ white crystal sugar indicator (Icumsa 130 to 180) in the state of São Paulo registered significant volatility over the past week, with an amplitude of approximately 3 Reais per 50 kg bag between the floor and the ceiling. In the balance from December 8 to 12, the average of the Indicator was R$ 110.30/sc, an increase of 2.09% compared to the previous period. According to the Research Center, demand was more active in the São Paulo spot market, with packers and industries seeking higher quality sugar, especially Icumsa 150, due to reduced stocks. On the supply side, researchers explain that mill agents were firm ...
Source: Agrolink
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