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Wilmar wins Taiwan tender for raw sugar

Singapore-based commodities trader Wilmar International presented the best offer and won a tender from Taiwan to supply up to 38,000 tonnes of raw sugar, a trader familiar with the process said on Wednesday.

Wilmar’s bid was for a premium over New York raw sugar futures of between $78 and $80 per tonne CFR (cost and freight included), with arrival of the sugar in Taiwan for mid-October.

Alvean, COFCO and Viterra were second, third and fourth, respectively, in the tender.

The above news was originally posted on news.google.com

Sugar Times
Sugar Timeshttp://sugartimes.co.in
Sugar Times is a monthly Hindi news magazine on sugarcane, ethanol and molasses; founded in co-guidance of sugar industry experienced professionals of the cane dept., scientists of sugar research institutes and experts that is distributed to a national audience in the sugar industry.Setting up a remarkable journey of 6+ years; we now have more than 10,700+ monthly circulation widely in Sugar Industry, Sugar Institutes, Sugar Federations, Sugar Mills, Potential Farmers and other liquor allied distilleries and sugar industries. Considering the geography, we have a strong hold in the northern states of the country.OBJECTIVE: - Our magazine is an initiative for sharing information and knowledge on sugarcane policies, sugarcane farming techniques for the farmers and sugar industry. It covers different articles, write-ups and news on govt. policies, sugar mill updates, molasses data and other important datas of the business.
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