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ICE May raw sugar delivery seen at 1.67 mln tns, fourth largest on record

Reuters SG
·1-min read

NEW YORK, April 30 (Reuters) - Deliveries of raw sugar on the expiry of the May contract on ICE exchange were seen at 32,914 lots, or around 1.67 million metric tons, the fourth largest on record, according to preliminary information from three sugar traders on Tuesday.

Singapore-based commodities trader Wilmar International was said to be the largest deliverer of the sugar with 29,727 lots, or around 1.51 million tons. Commodities trader Louis Dreyfus was said to be the main receiver with 19,127 lots, or around 971,000 tons, the traders said.

ICE will release official data on the delivery on Wednesday.

(Reporting by Marcelo Teixeira Editing by Chris Reese)