Day: March 2, 2021

Tuesday, 2 March 2021

The May 2021 contract settled at:  16.21 US c/lb

The Australian Dollar currently trades at:  77.72 US cents

Forward indicative prices in Australian dollars are:

* $458 for May Contract – 2020 season

$458 for 2020 season

$438 for 2021 season

$393 for 2022 season

$370 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

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Information sourced from QSL