Platts clarifies freight timing for Brazil prices in CFR Indonesia sugar matrix

S&P Global Platts would like to clarify that the prices representing the landed cost of Brazilian VHP Sugar into Indonesia published in the CFR Indonesia sugar matrix use the most recently available freight value at the 4:30 pm London assessment close.

Freight for Brazil to Indonesia is basis a cargo size of 50,000 mt sugar from Santos, Brazil to Cigarding, Indonesia, loading 15-30 days forward from the date of the publication, published under symbol GBINA00 in the Platts price database.

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