Platts to launch new price for EU ethanol expressed in raw sugar equivalent

Platts, part of S&P Global Commodity Insights, will launch on Sept. 9 a new price reflecting EU Ethanol T2 FOB Rotterdam expressed in raw sugar equivalent.

Platts will take the EU Ethanol T2 FOB Rotterdam (AAYEG04) Euro per metric ton assessment weekly average from Friday to the following Thursday and convert to raw sugar equivalent using a conversion rate of x 0.538.

This new price (AYRSE00) will be reflected in the "EU: sugar vs ethanol parity" graph in the Physical Market Sugar Report on Sept. 12 and will also be reflected in the "Ethanol Market" table in the report.

The new graph will compare EU white sugar on an EXW NW Europe basis and EU Ethanol expressed in raw sugar terms.

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