Month: January 2022

Monday, 17 January 2022

The March 2021 contract settled at:  18.31 US c/b

The Australian Dollar currently trades at: 72.25 US cents.

Forward indicative prices in Australian dollars are:

*$560 for Mar Contract 2021 season 

$558 for 2021 season 

$542 for 2022 season 

$501 for 2023 season           

$479 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.

 

Friday, 14 January 2022

The March 2021 contract settled at: 18.09 US c/b

The Australian Dollar currently trades at: 72.83 US cents.

Forward indicative prices in Australian dollars are:

*$545 for Mar Contract 2021 season

$544 for 2021 season

$532 for 2022 season

$495 for 2023 season

$474 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.

Thursday, 13 January 2022

 

The March 2021 contract settled at:  18.34 US c/b

 

The Australian Dollar currently trades at: 72.84 US cents.

 

Forward indicative prices in Australian dollars are:

 

*$551 for Mar Contract 2021 season

 

$553 for 2021 season

 

$534 for 2022 season

 

           $495 for 2023 season

           

            $475 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, 12 January 2022

 

 

The March 2021 contract settled at:  18.65 US c/b

 

The Australian Dollar currently trades at: 72.42 US cents.

 

Forward indicative prices in Australian dollars are:

 

 

*$566 for Mar Contract 2021 season

 

$552 for 2021 season

 

$541 for 2022 season

 

           $501 for 2023 season

           

            $471 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.