Preliminary assessments by European traders indicate that the lowest bid in Pakistan's international tender for 100,000 tons of white sugar is $534.75 per ton (including freight). The Pakistani government has approved a plan to import 500,000 tons of sugar to help maintain price stability following a sharp increase in retail sugar prices.
On September 25th, the benchmark price of white sugar in SunSirs was 5813.33 RMB/ton, a decrease of 2.19% compared to the beginning of this month (5943.33 RMB/ton).
Application of SunSirs Benchmark Pricing
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
