This Thursday (10), sugar prices fell again on international stock exchanges. On Ice Future, in March/17, the commodity was sold at 21.65 cents per pound, a strong drop of 46 points compared to the previous day's prices. The other lots also suffered a decline, ranging from 48 to 54 points.
In London, sugar prices also fell yesterday. The December/16 maturity was sold at US$ 575.00 per ton, a decrease of 7.30 dollars compared to the previous session. Other maturities also showed devaluation.
Domestic market
In São Paulo, crystal sugar, according to Cepea/Esalq, from USP, continued to fall. The 50 kilo bag was sold at R$ 99.82, down 0.18% compared to the previous day.
Daily ethanol
Hydrated ethanol also fell yesterday, according to the Esalq/BVMF indices. The cubic meter of biofuel was traded at R$ 1,818.00, a decrease of 0.55%.
Source: UDOP – Union of Bioenergy Producers