Daily Sugar Price

Friday, 2 July 2021

The Oct 2021 contract settled at:  17.94 US c/lb

 

The Australian Dollar currently trades at:  74.70 US cents

Forward indicative prices in Australian dollars are:

* $528 for Oct Contract – 2021 season

 

$525 for 2021 season

$472 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.

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Daily Sugar Price

Thursday, 1 July 2021

The Oct 2021 contract settled at:  17.63 US c/lb

 

The Australian Dollar currently trades at:  74.98 US cents

 

Forward indicative prices in Australian dollars are:

* $522 for Oct Contract – 2021 season

 

$524 for 2021 season

$469 for 2022 season

$427 for 2023 season

$395 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

 

Wilmar Pricing Information

Thursday, 1 July 2021

Dear Grower

  • 2024 season is now open
  • You can now sign a CSA and place orders for forward pricing
  • Exposure limits for the 2022 and 2023 have also been increased
The 2024 season is now open for marketing nominations. You can now nominate a marketer and place orders for up to 40% of your exposure.

2022 and 2023 seasons Exposure Limit increases
The current allowable Exposure Limits are:

  • 2022: increase from 50% to 60%
  • 2023: increase from 40% to 50%
  • 2024: 40%

If you’ve already nominated forward pricing for 2022 and 2023, it may be a good time to review your information recorded in the Pricing and Payments tab on GrowerWeb. Eg:

  • Nominated hectares and tonnes
  • Current orders
  • Percentage of crop priced
  • Percentage of crop available to price

If you’d like more information or have any questions about our Exposure Limits, please contact a member of the team.
PJ GILEPPA
Grower Marketing and Pricing Manager

Grower Marketing Team

PJ Gileppa 
Ph: 07 4722 1924
Mobile: 0437 297 978
[email protected]

Yolanda Hansen (Burdekin)
Ph: 07 4722 1956
Mobile: 0419 238 536
[email protected]

Angus McKerrow (Plane Creek)
Mobile: 0419 238 536
[email protected]

Franco Zaini (Herbert)
Ph: 07 4722 1954
Mobile: 0419 476 770
[email protected]

Shirley Norris (Proserpine)
Mobile: 0437 803 019
[email protected]

Menno Bokma (Burdekin)
Ph: 07 4722 2915
Mobile: 0437 669 118
[email protected]