SUBSCRIBER NOTE: Platts proposes CS Brazil white sugar basis port change

Platts proposes to change the basis port of the white sugar Brazil Central South Breakbulk 150 ICUMSA and Breakbulk 45 ICUMSA assessments to Paranagua. The proposed change would be effective May 12, 2016.

This proposal follows a change in market dynamics where white sugar breakbulk cargoes are no longer loaded from the Port of Santos.

Platts currently reflects Brazil Breakbulk 150 ICUMSA and Breakbulk 45 ICUMSA cargoes basis FOB Santos.

The proposed change would impact the following assessments which are published in the Platts Kingsman Daily Sugar Market report, on the Platts Agriculture Alert real time service page PA510 and on the Platts database under the specific codes: White Sugar Breakbulk Brazil 150 Premium, published under Platts code SGABD00 White Sugar Breakbulk Brazil 150 Flat Price, published under Platts code SGABE00 White Sugar Breakbulk Brazil 45 Premium, published under Platts code SGACA00 White Sugar Breakbulk Brazil 45 Flat Price, published under Platts code SGACB00

Platts welcomes all feedback and questions on the proposed new assessments and the specifications through to April 25, 2016. Please send all questions and feedback to america_ags@platts.com with CC to pricemethodology@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 to the public upon request.