Posted: Fri Feb 07, 2014 1:32 pm Post subject: Asian FTG Launches New Outright Price Assessments for Raw an
Asian FTG Launches New Outright Price Assessments for Raw and White Sugar
Released on: February 07, 2014, 11:25 am
Author: Asian Futures Trading Group
Hong Kong, February 07, 2014 -- /EPR NETWORK/ -- Now one-stop source for outright physical assessments and commodities futures differentials
Asian FTG Market Eye a commodity researcher specialist provider of a full range of commodities analysis releases sugar and bio-fuels information and analytics and a unit of Asian FTG, today announced the expansion of its suite of price references for the global sugar market to include nearly a dozen outright price assessments for raw and white sugar exported from Brazil, Thailand and the European Union.
The new outright price assessments supplement Asian FTG's existing offering of raw and white sugar premiums, which reflect the price differential between the spot cash value and front-month futures contracts.
By offering the sugar industry a choice of reference, we're making it easier for them to address various workflow needs with a single, independent source of both outright price assessments and futures differentials, said Jonathan Singer, founder of Asian FTG Market Eye and now Global Director for Agriculture at Asian FTG.
The new offering includes four new outright price assessments for raw sugar and seven new outright price assessments for white sugar.
Raw Sugar - there are two new price assessments reflecting raw sugar loaded free on board (FOB) from Thailand ports, each valuing a different quality grade of sugar. There are also assessments for raw granulated sugar from Brazil, loaded FOB from both southern and northern ports. The assessments capture parcel sizes ranging from 12,000 to 50,000 metric tons and will be quoted in U.S. cents per pound.
White Sugar - the new outright assessments for white sugar include values for both break bulk and containerized cargoes for two grades of Brazil white sugar and one grade of Thailand white sugar, and containerized cargoes for one grade of European Union white sugar.
Asian Futures Trading Group offers the latest in order entry technology coupled with 24-hour execution and clearing on exchanges worldwide. Clearing more than 100,000 client accounts, the firm provides a full range of services to the industry's largest global network of introducing brokers (IBs) and to commercial, institutional, international and individual clients. These include more than 200 IBs and many of the world's largest financial, industrial and agricultural institutions.
Asian FTG Asian Futures Trading Group - has been established in July 2003 by a team of financial professionals and IT/Technology experts. Starting with August 2013 Asian FTG has lunched the new website, www.asian-ftg.com. The new website was launched in order to keep close to our clients and be up to date with the latest developments in the industry.
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