Period: 23th - 24th/August/2018

Sugar Market

● The average price of crystal sugar (up to ICUMSA 250) in Sao Paulo state last week was US$ 235/t (cash, ex-mill, net of taxes), an increase of 7.0%  over the previous week.

● Last week was surprising with a strong increase in sugar prices domestically, and no supply pressure.

● As a result, the sugar market closed last Friday with little price reference. A very small amount of sugar was being offered in the market at prices well above the average that we found in our sampling survey.