Cepea, September 4 2018 – After dropping to the lowest level in the last 10 crops in mid-August, crystal sugar prices ended the month on the rise in the spot market of São Paulo State. The boost came from the sharp dollar rise, which makes refineries unwilling to lower asking prices in the Brazilian market, since nearly 60% of the national production is exported.
Between July 31 and August 31, the CEPEA/ESALQ Index for crystal sugar (São Paulo), Icumsa color from 130 to 180, increased 6%, closing at 55
Fonte: CEPEA
