|Bid||4.3700 x 0|
|Ask||4.3800 x 0|
|Day's range||4.3700 - 4.4000|
|52-week range||4.0000 - 5.6400|
|Beta (5Y monthly)||0.62|
|PE ratio (TTM)||12.28|
|Earnings date||11 Aug 2021|
|Forward dividend & yield||0.14 (3.19%)|
|Ex-dividend date||18 Aug 2021|
|1y target est||5.99|
The October raw sugar delivery against the ICE contract that expired on Thursday totaled 4,445 lots, with commodities trader Louis Dreyfus seen as the sole receiver, three sugar traders said. Asian commodities trader Wilmar International was said to be the main deliverer of the sugar with 3,227 lots, according to the traders. Viterra was seen as delivering the remaining lots.
Commodities trader ED&F Man will receive 124,800 tonnes of white sugar to be delivered against the expiration of the October contract at ICE exchange, according to preliminary information from traders on Wednesday. Sugar trader Sucden Middle East was seen as the largest deliverer with 99,400 tonnes, or 1,988 lots. Smaller deliverers included Wilmar and Louis Dreyfus, the traders said.
French sugar group Tereos is selling its minority stake in two Chinese starch joint ventures to Yihai Kerry Arawana Holdings (YKA), the Chinese subsidiary of Singapore's Wilmar International, the group said on Wednesday. Reuters had reported in June that Tereos, the world's second largest sugar maker in volume, was in advanced talks with Wilmar to sell its minority stake in their joint activities as part of a wider shift in strategy after a change in top management late last year.