Day: March 26, 2021

Friday, 26 March 2021

The May 2021 contract settled at: 15.09 US c/lb

The Australian Dollar currently trades at: 75.80 US cents

Forward indicative prices in Australian dollars are:

* $436 for May Contract – 2020 season

$436 for 2020 season
$432 for 2021 season
$398 for 2022 season
$377 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.

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43
Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06
Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited
Information sourced from QSL