Daily Sugar Price

Wednesday, 21 April 2021

The May 2021 contract settled at:  16.77 US c/lb

The Australian Dollar currently trades at:  77.26 US cents

Forward indicative prices in Australian dollars are:

* $477 for May Contract – 2020 season

$477 for 2020 season

$469 for 2021 season

$419 for 2022 season

$372 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

 

Estimates and start dates for Burdekin Mills

Mill Tonnes Milling
Invicta 3,085,290
Pioneer 1,578,730
Kalamia 1,612,308
Inkerman 1,698,650
TOTAL 7,974,978
  • Start date 8th June for all  mills to achieve a mid-November finish. (14th – 15th Nov)
  • These numbers reflect 47,000 tonnes of Inkerman cane to Invicta
  • There will be a need to transfer cane from Kalamia to Pioneer on these numbers but may have to go to Invicta. A decision will be made after crushing has started and trends analysed.

Daily Sugar Price

 

Tuesday, 20 April 2021

The May 2021 contract settled at:  16.29 US c/lb

The Australian Dollar currently trades at:  77.59 US cents

Forward indicative prices in Australian dollars are:

* $462 for May Contract – 2020 season

$462 for 2020 season

$456 for 2021 season

$413 for 2022 season

$372 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