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12 Feb 2015 | 04:12 UTC — London
Platts proposes to increase the frequency of its Export (Premium to Ldn 5) - FOB Antwerp sugar assessment from a monthly to a weekly basis.
This assessment is established as an indicator of out-of-quota white sugar exported on a FOB basis from the location of Antwerp. Price assessments reflect EU 45 ICUMSA white sugar of standard quality and a maximum ICUSMA of 45 and meeting EEC No 2. The assessment is published as a premium to the ICE White Sugar Futures front-month contract.
This follows the launch of the EU Sugar Weekly, a new publication providing pricing and news information on the regional sugar market.
Please send any comments or questions by February 27, 2015, to europe_ags@platts.com and pricegroup@platts.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.
More information about Platts sugar methodology is available at http://www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpec s/sugar_methodology.pdf