News

The sugar business pace is slow, but the indicator remains firm in Brazil

Sugar
Brazil
Published Mar 14, 2023

Tridge summary

The spot market for white crystal sugar in the state of São Paulo continues at a slow pace. Despite this, trading prices are firm. Since the beginning of this month, the CEPEA/ESALQ Indicator, Icumsa color from 130 to 180, has been operating just above R$ 130/50 kg bag. Cepea researchers indicate that the supply of better quality sugar (Icumsa up to 180) remains restricted, while demand for the product for prompt delivery is weak.

Original content

Source: NoticiasAgricolas

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