Daily Sugar Price

Monday, 31 May 2021

The July 2021 contract settled at:  17.36 US c/lb

The Australian Dollar currently trades at:  77.10 US cents

Forward indicative prices in Australian dollars are:

* $495 for July Contract – 2021 season

 

$492 for 2021 season

$440 for 2022 season

$397 for 2023 season

$356 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.
The 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Friday, 28 May 2021

The July 2021 contract settled at: 17.12 US c/lb

The Australian Dollar currently trades at: 77.47 US cents

Forward indicative prices in Australian dollars are:

* $486 for July Contract – 2021 season

$485 for 2021 season
$441 for 2022 season
$400 for 2023 season
$360 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.
The 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited
Information sourced from QSL

Daily Sugar Price

 

Thursday, 27 May 2021

The July 2021 contract settled at:  16.78 US c/lb

 

The Australian Dollar currently trades at:  77.43 US cents

 

Forward indicative prices in Australian dollars are:

* $477 for July Contract – 2021 season

 

$477 for 2021 season

$434 for 2022 season

$393 for 2023 season

$355 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.
The 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited

Information sourced from QSL