Daily Sugar Price – 29th January 2020

Wednesday, 29 January 2020

The March 2020 contract settled at: 14.54 US c/lb
The Australian Dollar currently trades at: 67.62 US cents

Forward indicative prices in Australian dollars are:

*$470 for March Contract – 2019 season

$471 for 2019 season

$469 for 2020 season

$455 for 2021 season

$442 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

QSL Weekly Overview – 28th January 2020

28 January 2020

Welcome to your weekly overview of QSL news and information.

QSL Pre-Crush Advance payment option
opens 1 February 2020
Do you need increased cash flow prior to harvest?
Click here for details

FEBRUARY PRICING DEADLINES (2019 Season)

QSL Individual Futures Contract (IFC): The pricing completion date for the MAR20 Contract is 14 February 2020. Click here for details.
________________________________________
QSL Target Price Contract (TPP): Any unfilled 2019-Season orders remaining after 20 February 2020 will be rolled to the MAY20 Contract and costs may apply. Click here fore details.
________________________________________
MSF Sugar milling districts: Your pricing completion date for the 2019-Season Target Price Contract is 20 February 2020.

2020 study tour to Japan
Discover the delights of Osaka and its surrounding districts on this year’s QSL study tour to Japan. This small-group trip will explore the sugar refineries and port facilities in the Keihanshin region of Japan’s south-west coast. Numbers are strictly limited, with Expressions of Interest closing on Friday 29 February 2020 for a tour departure in late May. Please click here for more details. To register your interest, contact Sonia Ball on 0418 978 120 or email [email protected].

Monthly Market Update with Matt Page
There’s been plenty of action on the sugar market during the past month, with improved prices sparking a flurry of grower orders. Click here to read QSL Trading Manager Matt Page’s latest monthly market update (current 24 January 2020) for an overview of the key drivers behind the price surge and current outlook.

Tuesday Training in Mackay & Plane Creek
QSL’s Mackay and Plane Creek offices will host grower training sessions every Tuesday from February through to April. Two sessions will be held each Tuesday at 9.30am and 1.30pm.

The first Training Tuesday will be 11 February.

Training topic: How to use QSL Direct
Learn how to:
• Create and edit a pricing order (grower-managed)
• Nominate GEI sugar tonnes to a QSL pool (QSL-managed)
• Navigate around the QSL Direct portal
• Find your payment statements and reports
Training venues are:
• QSL Mackay office at Level 2, Canegrowers Building, Wood Street, Mackay.
• QSL Plane Creek office at the Canegrowers Building, Broad Street, Sarina.
To RSVP please contact:
• MACKAY: Sonia Ball | 0418 978 120 | [email protected]
• PLANE CREEK | Kathy Zanco | 0437 645 342 | [email protected]
Please bring along your mobile phone, laptop or tablet. read more

KCGO Grower Member Meeting

KCGO GROWER MEMBER MEETING NOTICE

I refer to KCGO post to webpage on 16th December re. unification update wherein members were advised of intention of KCGO to hold grower meeting towards the end of January.

This meeting has now been scheduled.

When – Tuesday 4th February
Where – PCYC 164 MacMillan Street Ayr
Time – 10am -12.00pm

Meeting will provide summary of what has been previously raised at combined collective grower information sessions for those who were unable to attend during the season, as well as seeking feedback on various issues eg. but not limited to:

• levy options,
• asset/capital contributions,
• third party consultant
• additional services members consider of importance in a new entity eg. increased focus on advocacy

It would be appreciated if you could indicate your intention to attend as well as number of representatives that will be attending on behalf of member by RSVP our office on 4783 1312 or text to 0447 128 312.

Les Elphinstone
Manager KCGO

Daily Sugar Price

Friday, 24 January 2020

The March 2020 contract settled at: 14.57 US c/lb
The Australian Dollar currently trades at: 68.47 US cents

Forward indicative prices in Australian dollars are:

*$466 for March Contract – 2019 season

$465 for 2019 season

$463 for 2020 season

$452 for 2021 season

$440 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

Daily Sugar Price – 23 January 2020

Thursday, 23 January 2020

The March 2020 contract settled at: 14.66 US c/lb

The Australian Dollar currently trades at: 68.44 US cents

Forward indicative prices in Australian dollars are:

*$468 for March Contract – 2019 season

$469 for 2019 season

$465 for 2020 season

$451 for 2021 season

$440 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)

Proudly brought to you by Kalagro Limited.
Information sourced from QSL.

QCA INTERIM CONSULTATION PAPER – REGULATED RETAIL ELECTRICITY PRICES FOR 2020-21

QCA INTERIM CONSULTATION PAPER – REGULATED RETAIL ELECTRICITY PRICES FOR 2020-21

On 10 December 2019 the Queensland Competition Authority (QCA) received a delegation to set regulated retail electricity prices for regional Queensland from 1 July 2020 to 30 June 2021 from the Minister for Natural Resources, Mines and Energy, the Hon Anthony Lynham MP.
To commence the review the QCA released an interim consultation paper to seek stakeholder feedback by 13th January 2020 on how it will determine electricity prices for regional Queensland.
KCGO has lodged a submission on behalf of members, a copy of which follows for your information.
There will be further opportunity to be involved in the consultation process in early April once QCA has issued its draft determination report normally around the end of February.
Les Elphinstone
Manager KCGO

thumbnail of QCA Electicity Interim Consultation Paper Submission 2020-2021