Independent commodity intelligence platform Vesper expands with the addition of sugar market data

Wednesday, September 7, 2022
Vesper announced today to have added sugar to its portfolio of commodities, making it the first user-friendly and independent sugar intelligence platform in the market. Vesper's intuitive platform allows businesses to buy, sell and trade against the best possible price, whilst giving back time through easy-to-understand dashboards providing data and in-depth market analysis for the sugar market across the EU, Brazil, Thailand and India. The platform includes forecasts, an import parity widget and the proprietary Vesper Price Index (VPI). The VPI is a new sugar price benchmark created by buyers, sellers and traders, helping them trade at a fair price. Richard Polánek, Global Procurement Director at PepsiCo, is excited Vesper will bring more transparency to the sugar market. “Vesper’s real-time data will further democratise the sugar industry, help buyers better understand the market and mitigate risks.”
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