Month: February 2022

Monday, 28 February 2022

The March 2021 contract settled at:  17.60 US c/b 

The Australian Dollar currently trades at: 71.83 US cents. 

Forward indicative prices in Australian dollars are: 

*$540 for May Contract 2021 season 

$540 for 2021 season 

$541 for 2022 season 

$510 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.

Friday, 25 February 2022

The March 2021 contract settled at:  17.91 US c/b 

The Australian Dollar currently trades at: 71.63 US cents. 

Forward indicative prices in Australian dollars are:

*$544 for May Contract 2021 season 

$544 for 2021 season 

$542 for 2022 season 

$506 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.

Thursday, 24 February 2022

The March 2021 contract settled at:  17.88 US c/b

The Australian Dollar currently trades at: 72.34 US cents.

Forward indicative prices in Australian dollars are:

*$543 for Mar Contract 2021 season

$543 for 2021 season

$540 for 2022 season

$508 for 2023 season         

 $477 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.