Cepea, December 5, 2019 – In November, the average price for the crystal sugar traded in the spot market of São Paulo State remained at around 65 BRL per 50-kilo bag, which has been observed since the first fortnight of October. This scenario may be linked to supply, which was reduced by refineries, and to the low demand for prompt-delivery.
In November, a higher number of refineries from SP ended crushing the 2019/20 crop – these refineries account for around 88% of the sample consulted by Cepea
Fonte: CEPEA
