Tridge summary
The article reports a decrease in the average prices of white crystal sugar in the spot market of São Paulo, as recorded by Cepea, due to a sufficient supply of the best quality crystal (Icumsa up to 180) despite low demand. Buyers are preparing for the off-season by contracting sugar in advance or using inventories, resulting in a slight decrease in the average of the CEPEA/ESALQ Indicator from R$ 132.38/sc to R$ 131.56/50 kg bag over a week.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The average prices of white crystal sugar practiced on the spot market in the state of São Paulo started March on a downward trend. According to data from Cepea, the supply of the best quality crystal (Icumsa up to 180) remained low, but demand did not show signs of heating up. Buyers have programmed themselves for the off-season with sugar contracted in advance and/or through inventories. From February 27th ...
Source: NoticiasAgricolas
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