FORTS: The Volume Of Delivery Against The Sugar Futures Contract Reached 455 Tons

On July 21st, 2008 the physical delivery against the July futures contract on sugar (SUN8) was successfully completed. The major traders of the Russian sugar market participated in the delivery.

The delivery volume reached 455 tons (7 carriages).

The delivery price was fixed at 14,8 RUR per kilogram. The underlying was dispatched at the Krasnodar Territory (Labinsk railroad station) and delivered at the recipient’s address in Moscow and St. Petersburg.

Over the entire period of trading in the sugar futures on FORTS the trading volume totaled 6 000 tons or 530 mln. roubles in money terms.