Period: 21th - 22th/June/2018

Sugar Market

● The average price of crystal sugar (up to ICUMSA 250) in the Center-South region last week was US$ 266/t (cash, ex-mill, net of taxes), a decrease of 2.0%  over the previous week.

● We saw greater pressure on the supply side last week, which led to a drop in prices. This movement in prices was more intense in the State of São Paulo.

● The drop in prices in the international sugar market and the need for cash by some production units had an influence on the downward movement in prices.