Thursday, 17 February 2022
The March 2021 contract settled at: 18.07 US c/b
The Australian Dollar currently trades at: 71.95 US cents.
Forward indicative prices in Australian dollars are:
*$549 for Mar Contract 2021 season
$552 for 2021 season
$539 for 2022 season
$505 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