ICE March raw sugar delivery seen at 1.74 million tonnes: Traders
Deliveries of raw sugar upon the March contract expiry on ICE Futures reached 34,385 lots (1.74 million tonnes), per preliminary trader data. Wilmar International was the largest receiver with 23,073 lots, while Louis Dreyfus was the largest deliverer with 9,599 lots. ICE will release official delivery data on Monday.
Deliveries of raw sugar upon the expiry of the March contract on the ICE Futures Exchange reached 34,385 lots, equivalent to 1.74 million metric tonnes, according to preliminary information from sugar traders, reported Reuters.
Wilmar International was said to be the largest receiver of sugar, with 23,073 lots, or approximately 1.17 million tonnes. Meanwhile, Louis Dreyfus was said to be the largest deliverer, with 9,599 lots (487,656 tonnes).
ICE will release the official delivery data on Monday.
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Source : Chinimandi
