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The Cepea/Esalq Index for Crystal Sugar, previously called ESALQ/BM&F, became public in November 1995, a result of an agreement firmed between Cepea and BM&F (São Paulo Mercantile Exchange). In April 1997, some adjustments were made in its computation, which resulted in this current Index.
The Cepea/Esalq Index for Crystal Sugar has been used as reference for the Brazilian sugar market in São Paulo State. It is also the basis for the figures of the ATR (Total Recoverable Sugar, in Portuguese) tone, according to Consecana (Sugar and Alcohol Producers’ Council), which proceeds and contributes as well to studies in this important segment of the Brazilian agribusiness. |
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