Cepea, May 3, 2021 – The harvesting of the sugarcane from the 2021/22 crop began in central-southern Brazil in April, however, until the end of the month, not all mills were producing sugar, since this season began later.
Thus, the supply of crystal sugar continued low in the Brazilian market, underpinning prices in the spot market of SP. The mills that were already producing crystal sugar were prioritizing the delivery of the product previously purchased
Fonte: CEPEA
