date:May 22, 2013
or 20.17 dollars per bag. For this calculation, it was considered 102.03 dollars per ton FOB costs and 90.00 dollars per ton of quality premium. The premium used in exports from April 1 to May 3, on average, was 104.00 dollars per ton.
In the spot market in So Paulo State, prices have been registering slight oscillations. Weather conditions were favorable for the sugarcane harvesting in early May.
Some purchasers, in turn, preferred to trade only small amounts, expecting prices to resume decr