01 Jul 2021 | 15:01 UTC

Platts decides to amend futures calculation in 'Export price equivalent - ex-works' European sugar assessment

Platts has decided to amend the futures calculation in the 'Export price equivalent - ex-works' assessment (SGBCC00), effective July 29.

This follows a proposal note, which was published on June 1 here:

https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/060221-sampp-global-platts-proposes-amendment-to-futures-calculation-in-export-price-equivalent-ex-works-assessment-sgbcc00

The price is currently calculated using the previous day's London 16:30 timestamped assessment for the front-month contract of ICE White Sugar Futures.

Platts has decided to change this calculation to reflect the assessment on the same day.

Please send all comments, feedback and questions to ags@spglobal.com and pricegroup@spglobal.com by July 28.

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.