Daily Sugar Price

 

Wednesday, 8 September 2021

The Oct 2021 contract settled at:  19.48 US c/lb

 

The Australian Dollar currently trades at:  73.86 US cents

 

Forward indicative prices in Australian dollars are:

 

 

* $585 for Oct Contract – 2021 season

 

$578 for 2021 season

$549 for 2022 season in forinfo

$473 for 2023 season

$429 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

Tuesday, 7 September 2021

The Oct 2021 contract settled at:  19.62 US c/lb

The Australian Dollar currently trades at:  74.39 US cents

Forward indicative prices in Australian dollars are:

* $579 for Oct Contract – 2021 season

 

$586 for 2021 season

$548 for 2022 season in forinfo

$471 for 2023 season

$423 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