Aerisus
Sugar Program

VHP Raw Sugar for Destination Refiners

Very High Polarization raw cane sugar — the global refinery feedstock, shipped in bulk from Center-South Brazil.

Overview

The feedstock behind the world's white sugar

Very High Polarization (VHP) raw sugar is the commodity most of the world's sugar actually trades as: a raw cane sugar at 99.4° polarization or higher that destination refineries process into local white grades. It is the deliverable behind the ICE Sugar No. 11 futures contract — the global raw sugar benchmark.

Aerisus supplies VHP in bulk vessel parcels from Brazilian Center-South mills, priced against No. 11 with disclosed premiums, and inspected at loading for polarization, moisture, and hold condition.

For refiners, VHP programs offer better economics than buying refined whites — capturing the refining margin locally while securing feedstock from the world's deepest origin.

Specification

Contract specification

Polarization
≥ 99.40° at 20°C
Color
600–1,200 ICUMSA units (RBU)
Moisture
≤ 0.15% by weight
Ash content
≤ 0.15% by weight
Appearance
Golden to light-brown raw crystal, free-flowing
Delivery
Bulk, Handysize to Panamax parcels

VHP trades against the ICE No. 11 benchmark; premiums reflect polarization, origin, and loading terms fixed in the SPA.

Capabilities

Program structure

Bulk Vessel Parcels

Handysize (25,000–35,000 MT) through Panamax (50,000–60,000 MT) liftings, with laycan windows, demurrage terms, and vessel warranties fixed in the charter-party-aligned SPA.

Benchmark Pricing

Priced as a premium or discount to ICE Sugar No. 11, giving refiners a transparent, hedgeable basis instead of an opaque flat price.

Loading Inspection

Polarization, moisture, and weight verified at loading; hold-cleanliness surveyed before cargo operations begin.

Term Programs

Annual supply programs with monthly or quarterly liftings, hedged and managed by the Aerisus desk across the contract life.

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