Sugar prices drop 46 points in New York

 

Preços do açúcar caem 46 pontos em Nova york
 

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

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