Daily Sugar Price

Wednesday, 14 July 2021

The Oct 2021 contract settled at:  17.08 US c/lb

 

The Australian Dollar currently trades at:  74.47 US cents

 

Forward indicative prices in Australian dollars are:

 

* $506 for Oct Contract – 2021 season

 

$504 for 2021 season

$470 for 2022 season

$419 for 2023 season

$381 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, 13 July 2021

The Oct 2021 contract settled at:  16.99 US c/lb

The Australian Dollar currently trades at:  74.76 US cents

Forward indicative prices in Australian dollars are:

* $499 for Oct Contract – 2021 season

 

$501 for 2021 season

$466 for 2022 season

$414 for 2023 season

$375 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