Day: March 29, 2021

Kalagro

Monday, 29 March 2021

The May 2021 contract settled at: 15.19 US c/lb

The Australian Dollar currently trades at: 76.37 US cents

Forward indicative prices in Australian dollars are:

* $437 for May Contract – 2020 season

$437 for 2020 season
$430 for 2021 season
$391 for 2022 season
$371 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

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Information sourced from QSL