- Trading Screen Product Name
- Containerised White Sugar Future
- Trading Screen Hub Name
- ICEU
- Contract Symbol
CS
- Contract Size
Fifty Tonnes
- Price Quotation
US Dollars and cents
- Contract Series
March, May, August, October, December, such that eight delivery
months are available for trading
- Minimum Price Fluctuation
10 cents per tonne ($5)
- Settlement
Physical Delivery
- Delivery Locations
Delivery shall be at one of the ports included on the list of
Container Ports for delivery of sugar in ISO containers. The
Exchange may from time to time list or de-list a port, which shall
have such effect with regard to existing or new Contracts or both
as the Exchange may determine in its absolute discretion.
- Grade/Standards/Quality
White beet or cane crystal sugar or refined sugar of the crop
current at the time of stuffing into the ISO Container, free
running of regular grain size and fair average of the quality of
deliveries made from the declared origin from such crop, with
minimum polarisation 99.8 degrees, moisture maximum 0.06 per cent,
and colour of a maximum of 45 units ICUMSA attenuation index at
time of stuffing into the ISO Container designated by the booking
number/reference in the Buyer’s Nomination, as evidenced by a
certificate issued in accordance with these Contract Rules.
- Daily Price Limit
None
- Deliverable Origins
Sugar shall be delivered at a port in the country of origin of the
sugar. However, in the case of landlocked countries and sugar
originating from a country within the European Union, delivery
shall be made at any customary port of export from such country.
- First Notice Day
Fifteen calendar days preceding the first day of the delivery
period (if not a business day then the first business day
following). Delivery period is the specified delivery month and the
following delivery month.
- Last Trading Day
Sixteen calendar days preceding the first day of the delivery month
at 17:55 (if not a business day then the first business day
immediately preceding)
- Last Notice Day
Fifteen calendar days preceding the first day of the delivery
period (if not a business day then the first business day
following). Delivery period is the specified delivery month and the
following delivery month.
- Delivery Limits
Delivery limits for IFEU Softs can be found
here.
- MIC Code
- IFLX
- Clearing Venues
- ICEU