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Sugar: White crystal price starts month low in São Paulo, Brazil

Sugar
Brazil
Published Mar 7, 2023

Tridge summary

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 to February 3rd, the average of the CEPEA/ESALQ Indicator was R$ 131.56/50 kg bag, down 0.62% compared to the previous week (from R$ 132.38/sc ).

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