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27 Mar 2023 | 19:14 UTC
Platts, part of S&P Global Commodity Insights, will move a number of its Brazilian sugar assessments from a daily to weekly frequency, effective on June 1, 2023.
The change is due to persistent low liquidity in the Brazilian sugar intertrade spot market, and follows a proposal published March 13, available here:
Platts proposes to change Brazilian sugar assessments from a daily to weekly frequency
https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/031323-platts-proposes-to-change-brazilian-sugar-assessments-from-a-daily-to-a-weekly-frequency
The assessments impacted are:
• Raw Sugar Brazil VHP CS Flat Price, symbol SGABA00
• Raw Sugar Brazil VHP CS Premium, symbol SGAAE00
• Raw Sugar Brazil VHP CS Second Month Flat Price, symbol SGAAW00
• Raw Sugar Brazil VHP CS Second Month Premium, symbol SGAAX00
• White Sugar Containers Brazil 150 Flat Price, symbol SGADA00
• White Sugar Containers Brazil 150 Premium, symbol SGACE00
• Sugar No. 11 Futures (New York 11) 1630 London Time Assessment Mo0, symbol SGBAE00
• ICE Sugar No. 11 Futures (New York 11) 1630 London Time Mo02, symbol SGBFE00
The assessments appear in the Platts Agriculture Alert on page 0510 and the Sugar Market Report.
Please send all comments, feedback and questions to americas_ags@spglobal.com and pricegroup@spglobal.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.