SUBSCRIBER NOTE: Platts to launch two Brazil CS VHP forward physical assessments

Following a review of feedback, Platts will launch two additional forward physical assessments for Brazil Center-South raw granulated cane sugar of standard VHP on July 12, 2016.

Platts will 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 8th Platts would assess Brazil CS VHP for loading over April, May and June. On April 11th this would roll to May, June and July.

The assessments will be published as a premium to the relevant ICE Sugar No. 11 Futures contract and as an outright price at 16:30 London time. The assessments will appear in the Platts Kingsman Daily Sugar Market Report and on the real time Platts Agriculture Alert.

Other assessment parameters will reflect the current Brazil CS raw sugar VHP assessment methodology including a quality of minimum polarization of 99 pol and maximum 99.49 pol 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 trades, bids and offers.

Platts welcomes all further feedback and questions on the new assessments and the specifications. 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.