Energy and metals information provider Platts, a division of McGraw Hill Financial, recently launched Platts Market Data – Sugar, a comprehensive, daily data package containing global price assessments and freight rates for raw and white sugar from Brazil, Thailand, Europe and other locations.
Aimed at sugar market professionals, the end-of-day data feed features proprietary price references for break bulk and containerised spot cargoes of raw and white sugar, and associated freight rates, as assessed by Kingsman, the sugar pricing specialist unit of Platts. It also includes access to the unit's custom historical data since 2006.
Platts Market Data – Sugar comprises three key components: Platts/Kingsman daily and monthly spot, premium and discount price assessments for key global sugars, as loaded from ports in Brazil, Thailand and Europe (SG category); Platts/Kingsman daily freight assessments for bagged and bulk sugar (SY category); and Third-party prices for key sugars and additional market locations (SP category – to be launched in October).
Delivery options for Platts Market Data – Sugar include FTP site (.TXT file); downloadable spreadsheet (.CSV file); and Platts' product distribution partners, which include several of the world's leading data analysis and delivery companies.
Platts Market Data – Sugar is the latest in a series of Platts Market Data packages made available to the biofuels, coal, electric power, metals, natural gas, oil and petrochemicals markets. Through its Market Data products, Platts is among the first to offer end-of-day assessments, corrections, and historical data in a daily data feed – better enabling customers to reduce risk when making important trading decisions, valuing positions and analysing data.
Price assessments published by Platts/Kingsman are underpinned by structured methodologies containing rigorous quality requirements to maintain the integrity of the assessments.
