SUBSCRIBER NOTE: Platts proposes new Brazil CS VHP forward physical assessments

Platts proposes to launch two new forward physical assessments for Brazil Center-South raw granulated cane sugar of standard VHP on July 12, 2016.

Platts would assesses two additional forward calender month loading periods, giving a total of three forward month assessments; front-month, second-month and third-month.

In line with Platts current methodology the assessments would roll to the following calender month on the 11th of each calendar month unless that day is not a business day, in which case the assessment rolls over on the next business day. For example, on April 8, Platts would assess Brazil CS VHP for loading over April, May and June. On April 11 this would roll to May, June and July.

The assessments would be published as a premium to the relevant ICE Sugar No. 11 Futures contract and as an outright price at 1630 London time

Other assessment parameters would reflect the current Brazil CS raw sugar VHP assessment methodology including quality of minimum polarization of 99? and maximum 99.49? at time of shipment, cargo location basis FOB Santos, typical cargo size of 50,000 mt and a loading rate as 10,000 mt per weather working day.

As per Platts methodology, these assessments will be made using transactional information collected and published daily, including trading activity, bids and offers.

Platts welcomes all feedback and questions on the proposed new assessments and the specifications through to May 16 , 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.