Home RECENTES Index rises to the highest nominal level in the last 31 months

Index rises to the highest nominal level in the last 31 months

Redaçãofev 04, 2020RECENTES0

Cepea, February 4, 2020 – Firm demand and the low supply of crystal sugar are pushing up quotes for this commodity in the spot market of São Paulo State during the 2019/20 off-season period. With the recent valuations, the CEPEA/ESALQ Index for crystal sugar (Icumsa 130-180) surpassed 76 BRL per 50-kilo bag on January 24, nominal level that had not been observed since early June 2017. However, the volumes traded have decreased, since mills have reduced supply, primarily for the Icumsa 150 crystal sugar
Fonte: CEPEA

Anterior:Firm demand boosts prices in Brazil in January Próxima:With sellers away from the market and US dollar appreciation, prices end January on the rise