Additionally, effective immediately, the Exchange is implementing amendments to its rules which clarify provisions relating to the applicable demurrage and despatch rates for delivery of the Sugar No. 11 futures contract.
The NYBOT Rules are available at www.nybot.com.
The World Sugar contract trades at NYBOT from 9:00 am to 12:00 pm (NY Time), and has four delivery months including March, May, July and October. The contract calls for 112,000 lbs. of raw centrifugal cane sugar from 29 countries throughout the world.
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com. To learn more about New York Board of Trade Futures & Options for Kids, the Exchange’s non-profit group, please go to www.futuresandoptionsforkids.org.