Crystal sugar prices remain firm in the São Paulo spot market in this current 2020/21 season, still operating above those observed in the previous harvest.

According to researchers at the Center for Advanced Studies in Applied Economics (Cepea), from Esalq-USP, although production has grown this year, the good performance of Brazilian exports of the sweetener keeps prices steady or rising in the domestic market.

In the September partial (until the 21st), the Cepea / Esalq Indicator for crystal sugar, Icumsa color from 130 to 180, in the São Paulo market, averages R $ 85.97 per 50 kg bag. The value is above that recorded in September 2019 in real terms, that is, considering prices deflated by the IGP-DI (August 2020 base).