Daily Sugar Price

Friday, 29 April 2022 

 

The May 2022 contract settled at:  19.42 US c/b 

The Australian Dollar currently trades at: 70.97 US cents. 

Forward indicative prices in Australian dollars are: 

*$594 for July Contract 2022 season 

$594 for 2022 season 

$553 for 2023 season 

$520 for 2024 season           

$493 for 2025 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

Thursday, 28 April 2022

The May 2022 contract settled at:  19.02 US c/b

The Australian Dollar currently trades at: 71.26 US cents.

Forward indicative prices in Australian dollars are:

*$585 for May Contract 2022 season

 $582 for 2022 season

$547 for 2023 season

 $515 for 2024 season         

 $489 for 2025 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.

 

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Uncategorized

Daily Sugar Price

Wednesday, 27 April 2022

The May 2022 contract settled at:  18.99 US c/b

The Australian Dollar currently trades at: 71.23 US cents.

Forward indicative prices in Australian dollars are:

*$585 for May Contract 2022 season

$582 for 2022 season

 $549 for 2023 season

 $518 for 2024 season           

 $492 for 2025 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.