Tridge summary
Sugar futures have seen a rise on international exchanges due to a 1% increase in oil prices, exchange rate fluctuations, and the fuel situation in Brazil. White sugar contracts saw a decrease in the March/23 and May/23 contracts at ICE Europe in London, while raw sugar contracts closed with an increase on ICE Futures in New York. The domestic market has seen a mixed variation in crystal sugar prices, with a slight decrease. Hydrous ethanol has been closing in the red for the past ten days in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Sugar futures closed on Friday (13) higher on international exchanges, supported by the price of oil, which rose 1%, exchange rate variations and the fuel situation in Brazil. international scholarships All lots of white sugar closed with appreciation at ICE Europe in London. The March/23 contract, traded at US$ 547.30, fell by US$ 8.00. The May/23 contract, traded at US$528.20, also fell by US$5.20. Raw sugar, on the other hand, closed the first three batches with appreciation on ICE Futures in New York. The March/23 contract, traded at 19.73 cents per pound, rose 14 points. The May/23 contract, traded at 18.41 cents per pound, rose 7 points. The October/23 contract, traded at 17.53 cents per pound, remained stable. The other lots closed with a drop of 1 point. domestic market In the domestic market, crystal sugar closed the week with a mixed variation. The 50 kilo bag was negotiated by the mills for R$ 134.14. If compared with ...
Source: Agrolink
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