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31 May 2023 | 03:32 UTC
Platts, part of S&P Global Commodity Insights, updates the Thai raw sugar assessments to a weekly basis effective June 1, due to a change in market dynamics.
The updated assessments are published every Thursday. When the publishing day falls on a Singapore, UK and US public holidays, the assessments will be published the working day prior.
This follows a decision note published March 23: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/032323-platts-to-change-frequency-for-certain-sugar-assessments-in-asia .
A proposal note was published on March 10: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/031023-platts-proposes-changes-to-frequency-for-certain-sugar-assessments-in-asia-effective-june-1 .
The assessments impacted for Thai Raw Sugar are:
SGAAD00 - Thai HiPol Sugar Flat price
SGAAC00 - Thai HiPol Sugar Premium
SGAFD00 - Thai HiPol Sugar Premium First 75-day Window
SGAGD00- Thai HiPol Sugar Flat Price First 75-day Window
SGAHD00- Thai HiPol Sugar Premium Second 75-day Window
SGAID00 - Thai HiPol Sugar Flat Price Second 75-day Window
SGALD00 - Inter-Window spread 1
SGAAF00 Thai HiPol Sugar Pol Premium
SGAAG00 Thai HiPol Sugar CFR Indonesia Before Tax
SGAAH00 Thai HiPol CFR Indonesia Sugar Tax
SGAAI00 Thai HiPol Sugar CFR Indonesia Import Parity
The above prices are published in the Global Sugar Market Report and Platts Agriculture Alert pages PA2510, PA2511 and PA2512. The Thai sugar assessment rationale will also no longer be published. Please send all comments, feedback and questions to MRTS_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.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.