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Wilmar International Limited (F34.SI)
- Reuters SG
Workers at Wilmar's Australian unit plan strike action demanding higher pay
Workers at all eight of Wilmar International's sugar mills in Australia are planning work stoppages on Thursday and Monday over demands for higher pay, the Singapore-listed company said. Its Australian unit, Wilmar Sugar Pty Ltd, will apply to the Fair Work Commission, a workplace tribunal, to assist in stopping the strike action, the company told Reuters on Tuesday. The employees are seeking wage increases equivalent to 28% over three years, Wilmar Sugar said.
- Reuters SG
UPDATE 1-ICE May raw sugar delivery hits 1.67 mln tns, 4th largest on record
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.
- Reuters SG
ICE May raw sugar delivery seen at 1.67 mln tns, fourth largest on record
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.
