Platts launches EU ethanol expressed in raw sugar equivalent

Platts, part of S&P Global Commodity Insights, has launched a new conversion reflecting EU Ethanol T2 FOB Rotterdam expressed in raw sugar equivalent on Sept. 9, 2024.

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 0.538.

This new price (AYRSE00) will be reflected in the EU: sugar vs ethanol parity graph in the weekly 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 ex-works Northwest Europe basis and EU Ethanol expressed in raw sugar terms, published in Euro per metric ton.

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