SUBSCRIBER NOTE: Platts proposes to increase frequency of EU sugar ex-works equivalent assessment

Platts proposes to increase the frequency of its European export equivalent ex-works sugar assessment from a monthly to a weekly basis. This assessment is established as an indicator of out-of-quota white sugar available for export ex-works from within Europe. The value is established by taking the 1630 London time assessment for the ICE White Sugar Futures (London 5) front-month contract in US $/mt, plus the assessed FOB Antwerp premium in US $/mt. That value expressed in a US $/mt format is then converted into an Eur/mt value using the daily assessed USD/Eur exchange rate. From that value, Eur30 is subtracted, which is an average cost to bring sugar to Antwerp from mills across Continental Europe. This follows the launch of the EU Sugar Weekly, a new publication providing pricing and news information on the regional sugar market. Please send any comments or questions by January 9, 2015, to europe_ags@platts.com and pricegroup@platts.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 comments not marked as confidential available upon request. More information about Platts sugar methodology is available at http://www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpec s/sugar_methodology.pdf.