ICE March raw sugar delivery seen at 1.74 million tons, say traders

Wilmar International

28/02/2025 19:37

NEW YORK, Feb 28 (Reuters) - Deliveries of raw sugar on the expiry of the March contract SBH5 on ICE exchange were seen at 34,385 lots, or 1.74 million metric tons, according to preliminary information from two sugar traders on Friday.

Singapore-based commodities trader Wilmar International WLIL.SI was said to be the largest receiver of the sugar with 23,073 lots, or around 1.17 million tons, while trader Louis Dreyfus was said to be the largest deliverer with 9,599 lots (487,656 tons).

ICE will release official data on the delivery on Monday.

 (Reporting by Marcelo Teixeira)

 ((marcelo.teixeira@tr.com; +1 332 220 8062; Reuters Messaging: marcelo.teixeira.thomsonreuters.com@reuters.net - https://x.com/tx_marcelo))