Subscriber Note: Platts to discontinue Export FOB Antwerp Premium sugar assessment

Effective March 02, 2016, Platts proposes to discontinue its weekly Export (Premium to Ldn 5) - FOB Antwerp sugar assessment as it streamlines the portfolio of assessments published for the European Union ahead of quota abolition in 2017.

Platts already reflects the current out-of-quota export market for northern Europe in its daily Containers EU 45 flat price and premium assessments. This assessment will continue to be published on a daily basis.

From October 1, 2017, the abolition of quotas could result in higher volumes exported from the EU to the world market. In that context, Platts believes the role of a daily-assessed price for sugar exported in containers will assume greater importance.

Platts has separately proposed making Antwerp the basis of its Containers EU 45 assessment from October 28, 2015. The change to FAS basis would also apply to the Export (Premium to Ldn 5) - FOB Antwerp assessment, pending its discontinuation.

The Export (Premium to Ldn 5) - FOB Antwerp assessment appears in the EU Sugar Weekly, on Platts Agriculture Alert page PAA PA1432, and in Platts Market Data under symbol SGBCB00.

Platts Containers EU 45 assessment appears in the Kingsman Daily Sugar Market Report, EU Sugar Weekly, on Platts Agriculture Alert page PA1430, and in Platts Market Data under symbols SGAEA00 and SGAEB00.

Platts invites questions and feedback on these changes to europe_ags@platts.com by October 9, 2015. We also welcome suggestions and views around the continued evolution of its EU sugar assessments as the market prepares for 2017 quota abolition.

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.