Brazil: With a consolidated market, sugar futures close mixed on international exchanges in the US and UK
Sugar
Brazil
United States
United Kingdom
Published Feb 24, 2023
Tridge summary
In New York, on ICE Futures, raw sugar closed lower on the first two screens, March and May/23, contracted, respectively, at 21.29 and 19.90 cents per pound weight, devaluation of 4 and 3 points , in comparison with the prices practiced on the previous day. The other screens closed valued between 3 and 8 points.
Original content
In London, at ICE Futures Europe, the May and August/23 screens closed at lows of 1.90 and 1 dollar per ton, with deals signed at US$ 567.00 and US$ 551.10, respectively. The other screens closed at values between 20 cents and 1.80 dollars, with the exception of the October/24 batch, which dropped 40 cents on the dollar. In the domestic market, the post-Carnival Wednesday saw a drop in crystal sugar prices measured by the Cepea/Esalq Indicator, from USP. The 50 kg bag was negotiated by the mills at R$ 131.88 against R$ 131.95 on Friday (17), devaluation of 0.05% in comparison. Hydrated ethanol, on the other hand, ...
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