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Dollar drops and Brazilian spot market is more advantageous than exportations

Cepea, September 18 – Crystal sugar trades in the spot market of São Paulo State resumed remunerating more than exportations in September – in late August, after nearly a year, sugar exportations started to remunerate more than sales in the spot market of São Paulo State. Despite the price rises of demerara sugar at the New York Exchange Stock (ICE Futures) and price drops in Brazil, dollar devaluation at 1.62% against Real between September 1 and 8 made exportations less advantageous than domestic prices again
Fonte: CEPEA



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