Platts changes Brazilian sugar assessments frequency to weekly from daily

Platts, part of S&P Global Commodity Insights, has updated the frequency of Brazilian sugar assessments to weekly from daily, effective June 1.

The change was due to persistent low liquidity in the Brazilian sugar intertrade spot market, and followed a proposal and decision notes, published March 13 and March 27, respectively, and available hereunder:

Proposal: 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

Decision: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/032723-platts-to-change-brazilian-sugar-assessments-from-daily-to-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

ICE Sugar No. 11 Futures (New York 11) 1630 London Time Mo01, 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 Global Sugar Market Report.

The assessments will be published every Thursday, with the exception of US and Brazilian public holidays, when the assessments will be published in the prior working day.

Please send any comments, feedback or questions to MRTS_biofuelsandfeedstocks@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.