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ICE May white sugar delivery totals 127,700 tonnes

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By Fawad MaqsoodReuters

LONDON: A total of 127,700 tonnes of Indian white sugar has been tendered against the May contract on ICE Futures Europe, exchange data showed on Tuesday.

The May contract expired on Monday.

ED&F Man Capital Markets bought the entire volume.

The sellers were BNP Paribas SA (94,800 tonnes), J.P. Morgan Securities Plc (25,100) and ADM Investor Services International Ltd (7,800).

The sugar included 119,900 tonnes with a load port of Kakinada and 7,800 with a load port of Mundra.

Copyright Reuters, 2019

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