Daily Sugar Price

 

Wednesday, 22 September 2021

The Oct 2021 contract settled at:  18.97 US c/lb

The Australian Dollar currently trades at:  72.37 US cents 

Forward indicative prices in Australian dollars are:

* $585 for Oct Contract – 2021 season

 

$576 for 2021 season

$548 for 2022 season 

$473 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/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, 21 September 2021

 

The Oct 2021 contract settled at:  18.86 US c/lb

The Australian Dollar currently trades at:  72.52 US cents

Forward indicative prices in Australian dollars are:

* $582 for Oct Contract – 2021 season

$574 for 2021 season

$544 for 2022 season in 

$472 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/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