The sugar business pace is slow, but the indicator remains firm in Brazil
Published 2023년 3월 14일
Tridge summary
The article discusses the current market situation for white crystal sugar in São Paulo, highlighting a slow market pace but stable trading prices. The CEPEA/ESALQ Indicator for sugar quality between 130 and 180 Icumsa colors has been hovering around R$ 130/50 kg bag since the start of the month. Cepea researchers have noted a limited supply of higher quality sugar and a low demand for urgent delivery, contributing to the market dynamics.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
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 ...
Source: NoticiasAgricolas
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