The prices of crystal sugar remain firm in the spot market in the state of Sao Paulo. According to the Center for Advanced Studies in Applied Economics, from 14 to 18 October, the average of the CEPEA / ESALQ Indicator, São Paulo market, was R $ 65.09 for each 50 kg bag, up 0.47. % compared to the average between October 7th and 11th, where the value was at $ 64.79 per bag. According to Cepea researchers, mill agents continued to restrict the quantities offered for prompt delivery. Buyers who have been receiving sugar predominantly through contracts, in turn, have remained out of the spot market.
Source: Canal Rural
CRYSTAL SUGAR OFFER KEEPS LIMITED AND PRICES UNDER 0.47%
Published On - 25 de October de 2019