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Indicative Advances Program - 2016 Season

The current indicative ‘Advances Payments’ program for the Guaranteed Floor Pool and all other pools for the 2016 season is reported below.  The program represents the average returns for all pools and pricing platforms for raw sugar supplied under the RSSA. Suppliers will be paid a proportional amount of QSL’s then current estimate of the forecast final weighted average pool price the Supplier will receive for raw sugar supplied under the RSSA, with one exception. The 2016 season will see the introduction of the Accelerated Advances Program for the Guaranteed Floor Pool whereby participants in that pool will receive 90% of the pool value by December 2016.

The QSL Board reviews the program periodically to determine whether increases to the program can be approved.  The May, June and July 2017 advance rate increases outlined in the table below for the Guaranteed Floor Pool and the Other Pools were reviewed and approved by the Board at the April 2017 meeting.