Day: December 20, 2021

REMINDER – PRE-ORDERS FOR FUEL

Kalagro

REMINDER – PRE-ORDERS FOR FUEL – DUE BY THE 23RD DECEMBER 2021

Just a reminder to all Kalagro customers that the KCGO office will be closed from 4.30pm – Thursday, 23rd December  2021

and will re-open 8.30am – Monday, 10th January 2021.

Pre-orders for fuel during this period will be taken up to the 23rd December 2021.

Fuel Delivery Dates are as follows:

Wednesday, 29th December 2021

Wednesday, 5th January 2022

Friday, 7th January 2022

Monday, 10th January 2022

To avoid a fuel shortage during our office closure Christmas/New Year period,

please pre-order by contacting the Kalamia Cane Growers office before the close of business, Thursday, 23rd December 2021.

Daily Sugar Price

Kalagro

Monday, 20 December 2021

The March 2021 contract settled at:  19.11 US c/b

The Australian Dollar currently trades at: 71.46 US cents.

Forward indicative prices in Australian dollars are:

 

*$588 for Mar Contract 2021 season

$586 for 2021 season

$557 for 2022 season

$505 for 2023 season           

$481 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.