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Brazilian sugar market is calm and Index rises slightly

Cepea, November 19, 2019 – The trading pace for crystal sugar was calm in the spot market of São Paulo State in the first half of November. Demand did not increase much and supply was low, due to the end of the 2019/20 crop – the refineries from SP were limiting crystal sugar supply for prompt delivery, underpinning quotes.

 

According to Cepea surveys, nearly 54% of the refineries from SP may have ended sugarcane crushing (2019/20 crop) in the first fortnight of November
Fonte: CEPEA



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