Month: April 2022

Friday, 8 April 2022 

The March 2021 contract settled at:  19.84 US c/b 

The Australian Dollar currently trades at: 74.80 US cents. 

Forward indicative prices in Australian dollars are: 

*$585 for May Contract 2021 season 

$585 for 2021 season 

$577 for 2022 season 

$533 for 2023 season           

$499 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, 7 April 2022

The March 2021 contract settled at:  19.59 US c/b

The Australian Dollar currently trades at: 75.13 US cents.

Forward indicative prices in Australian dollars are:

*$571 for May Contract 2021 season 

$571 for 2021 season 

$565 for 2022 season

 $525 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.

Wednesday, 6 April 2022

The March 2021 contract settled at:  19.65 US c/b

The Australian Dollar currently trades at: 75.79 US cents.

Forward indicative prices in Australian dollars are:

*$569 for May Contract 2021 season

$569 for 2021 season

$562 for 2022 season

$518 for 2023 season          

$485 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.