date:May 22, 2013
Specifically in the second week of May, the quality premium traded on demerara sugar quotes at ICE Futures dropped, favoring the increase of the Brazilian market advantage.
According to data from Cepea, sales in the domestic market remunerated 11.5 per cent more than exports from May 6-10. While the CEPEA/ESALQ Index of crystal sugar averaged 45.27 reais or 22.49 dollars per 50-kilo bag, price quotes July 2013 delivery at ICE Futures. This would be equivalent to the average price of 40.60 reais