Month: November 2021

Thursday, 4 November 2021

The March 2021 contract settled at:  19.38 US c/b

The Australian Dollar currently trades at: 74.48 US cents.

Forward indicative prices in Australian dollars are:

*$573 for Mar Contract 2021 season

$572 for 2021 season

$546 for 2022 season

$481 for 2023 season          

$457 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/tonnes actual 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 Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Wednesday, 3 November 2021

The March 2021 contract settled at:  19.54 US c/b

The Australian Dollar currently trades at: 74.29 US cents.

Forward indicative prices in Australian dollars are:

*$575 for Mar Contract 2021 season

$577 for 2021 season

$551 for 2022 season

 $476 for 2023 season           

  $435 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/tonnes actual 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 Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Tuesday, 2 November 2021

The March 2021 contract settled at:  19.25 US c/b

The Australian Dollar currently trades at: 75.11 US cents.

Forward indicative prices in Australian dollars are:

*$563 for Mar Contract 2021 season

$562 for 2021 season

$535 for 2022 season

$474 for 2023 season          

$439 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/tonnes actual 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 Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.