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27 Feb 2015 | 12:22 UTC — London
Effective April 3, 2015, Platts will assess its Export (Premium to Ldn 5) - FOB Antwerp sugar assessment on a weekly basis. It is currently assessed on a monthly basis.
This follows a period of feedback which ended February 26.
This assessment is established as an indicator of out-of-quota white sugar exported on a FOB basis from Antwerp. Price assessments reflect EU 45 ICUMSA white sugar of standard quality and a maximum ICUMSA 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. This assessment appears on Platts Agriculture Alert service Page PA1512, and will continue to be found in the Platts price database under symbol code SGBCB00.
Please send any comments or questions by March 13, 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