Wilmar is sole receiver of ICE March sugar


Wilmar International is the sole receiver of the ICE futures U.S. March raw sugar contract, taking advantage of declines in global prices, Reuters reported citing a senior company official.

According to the news agency, it will be the first time the company from Singapore takes delivery of the sweetener ince it started in the sugar market three years ago. The actual amount delivered, and other details were not yet reported.