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Brazilian sugar Market - Sao Paulo

Period: 18th - 19th/October/2018

Sugar Market

● The average price of crystal sugar (up to ICUMSA 250) in Sao Paulo state last week was US$ 315/t (cash, ex-mill, net of taxes), an increase of 2.4%  over the previous week.

Prices on the domestic market continue firm with an upward trend. From mid-August 2018 to last week prices have risen from US$ 235 to US$315/t  (a rise of 34% even when taking into account the devaluation of the US$).

 ● In this scenario we see a limited offer on the domestic market.

 

 
 
 
 
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