Sugar prices down in Brazil and rises abroad

Sugar prices recorded a recovery in external market on Wednesday . In New York, the contracts ending in march/13 quoted at 19.57 cents per lb, 13 points higher than the previous day. In London, contracts with the same due date, sugar price ended the day at U.S.$ 520.50 per ton.

In Brazil, the market declined 0.22%. According to the Center for Advanced Studies in Applied Economics (CEPEA / Esalq), plants negotiated the bag of 50 kilos of crystal type to R$ 49.36.