Daily Sugar Price

Wednesday, 9 March 2022

The March 2021 contract settled at:  19.43 US c/b

The Australian Dollar currently trades at: 72.69 US cents.

Forward indicative prices in Australian dollars are:

*$588 for May Contract 2021 season

$588 for 2021 season

$581 for 2022 season

 $528 for 2023 season          

 $498 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.

 

Daily Sugar Price

 

Tuesday, 8 March 2022

The March 2021 contract settled at:  19.27 US c/b 

The Australian Dollar currently trades at: 73.17 US cents.

Forward indicative prices in Australian dollars are:

*$579 for May Contract 2021 season

$579 for 2021 season

$572 for 2022 season 

 $523 for 2023 season           

 $496 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.

Daily Sugar Price

Monday, 7 March 2022 

 

The March 2021 contract settled at:  19.35 US c/b 

The Australian Dollar currently trades at: 73.55 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$583 for May Contract 2021 season 

$583 for 2021 season 

$567 for 2022 season 

$517 for 2023 season           

$484 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.