ICE August white sugar delivery seen at 102,000 tons: Traders
Deliveries for the August refined sugar contract at ICE London reached 2,040 lots (approx. 102,000 metric tons), traders said. Sucden was the sole receiver, with Tereos and Louis Dreyfus as deliverers. The sugar will be loaded from Brazil and Thailand. Official figures from the exchange are expected to be released on Thursday.
Deliveries of refined sugar for the expiration of the August contract at the ICE London exchange reached 2,040 lots, equivalent to around 102,000 metric tons, based on preliminary reports from sugar traders on Wednesday.
French commodities trader Sucden was said to be the sole receiver of the sugar, while sugar producer Tereos and trader Louis Dreyfus were said to be the deliverers. Ports of loading were said to be in Brazil and Thailand.
The exchange is expected to release official data for the operation on Thursday.
To Read more about Sugar Industry continue reading Agriinsite.com
