Sugar prices react at the close of October

The average prices of white crystal sugar traded in the São Paulo spot market reacted at the end of the last week of October. This is what the surveys by the Center for Advanced Studies in Applied Economics (Cepea) indicate. According to the institute, the Cepea/Esalq Indicator (Icumsa color 130 to 180) reached up to R$ 111.00 per 50 kg bag on Monday, October 27, the lowest nominal level since April 2021, but on Friday, October 31, it rose to R$ 113.65/sc. Researchers explain that the recovery was driven by the higher concentration of transactions involving the best quality crystal sugar, Icumsa 150. Mills remained firm in their selling positions, supported by supply restriction—much of this quality has been directed to the external market throughout this crop season (2025/26). As for the Icumsa 180 ...