Day: July 21, 2021

Daily Sugar Price

Kalagro

Enhancing the Productivity and Profitability of Growers

Wednesday, 21 July 2021

The Oct 2021 contract settled at:  17.41 US c/lb

The Australian Dollar currently trades at:  73.30 US cents

Forward indicative prices in Australian dollars are:

 

* $524 for Oct Contract – 2021 season

$522 for 2021 season

$478 for 2022 season

$422 for 2023 season

$385 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.

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Information sourced from QSL

 

Mill Performance Update

Kalagro

Good morning all,

More problems have been identified with #1 boiler at Inkerman. Growers have been advised to not burn until further notice. The current plan is to continue crushing, cut all the burnt cane and plan a shutdown. This plan is still developing and I will share more information as it comes to hand.

Invicta has a late zero hour today following the derailment and caustic clean yesterday. The loading is at 72%. The mill is crushing quite well

Kalamia restart after the clean was delayed last night and as a result they have a late zero hour today and loading at 70%. The mill is crushing well now.

Pioneer had another good run overnight. Rate is down slightly but is being increased today.

Kind regards,

 

John Tait

Cane Supply Manager