Platts will launch new conversion for EU ethanol expressed in raw sugar equivalent

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

Platts will take the EU Ethanol T2 FOB Rotterdam (AAYEG04) Euro per metric ton assessment weekly average, calculated from Friday to the following Thursday, and convert it to raw sugar equivalent using a conversion rate of x0.538.

This new price (AYRSE00) will be reflected in the EU: sugar vs ethanol parity graph in the Physical Market Sugar Report from 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, published in Euros per metric ton.

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