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03 Aug 2017 | 02:34 UTC — Singapore
Due to a prolonged absence of spot market activity on the routes given below, Platts will discontinue these assessments with effect from October 16, 2017.
Platts first proposed the discontinuation in a subscriber note published July 17 (https://www.platts.com/subscriber-notes-details/27856089).
Significant changes in the trading patterns and flows have eroded liquidity on the Atlantic sugar freight routes such as Brazil to Ghana, Russia and the UAE.
In the Asia Pacific market, the routes from Thailand to Kenya and Guatemala to China as well as South Korea have seen very few spot fixtures over the last two years.
The following routes will be discontinued: Bagged * Thailand (Laem Chabang) to Kenya (Mombasa) 20KT SYCDA00 (Weekly) * Thailand (Laem Chabang) to Kenya (Mombasa) 20KT SYCDA03 (Monthly) * Southeast Brazil (Santos) to Ghana (Tema) 20KT SYCCD00 (Weekly) * Southeast Brazil (Santos) to Ghana (Tema) 20KT SYCCD03 (Monthly)
Bulk * Southeast Brazil (Santos) to Russia (Novorossiysk) 20KT SYCAD00 (Weekly) * Southeast Brazil (Santos) to Russia (Novorossiysk) 20KT SYCAD03 (Monthly) * Guatemala (Puerto Quetzal) to China (Rizhao) 20KT SYCBC00 (Weekly) * Guatemala (Puerto Quetzal) to China (Rizhao) 20KT SYCBC03 (Monthly) * Southeast Brazil (Santos) to UAE (Jebel Ali) 50KT SYCAE00 (Weekly) * Southeast Brazil (Santos) to UAE (Jebel Ali) 50KT SYCAE03 (Monthly) * Guatemala (Puerto Quetzal) to South Korea (Inchon) 20KT SYCBB00 (Weekly) * Guatemala (Puerto Quetzal) to South Korea (Inchon) 20KT SYCBB03 (Monthly) * Thailand (Laem Chabang) to South Korea (Inchon) 40KT SYCBE00 (Weekly) * Thailand (Laem Chabang) to South Korea (Inchon) 40KT SYCBE03 (Monthly)
Please send any feedback or questions to shipping@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 those not marked as confidential available to the public upon request.