Sugar pricing is based on the grade(specs) of sugar required and the Stock Exchange/ICE Benchmark +/- a Premium at time of contract. Final pricing is calculated on the day of loading and issuance of invoice.
DateISA Daily Price *15 Day AveragePrice Index **cts/lb Index **
04 Dec 202420.12 cts/lb20.33 cts/lb549.75 $/T24.94 cts/lb
03 Dec 202420.23 cts/lb20.32 cts/lb552.40 $/T25.06 cts/lb
02 Dec 202419.98 cts/lb20.32 cts/lb547.15 $/T24.82 cts/lb

For each ton of sugarcane processed in Brazil, we have 71 kg of sugar. It is estimated that
sugar production in Brazil 2020/2021 harvest reaches 650 million tons.

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