Month: May 2022

Monday, 23 May 2022 

The May 2022 contract settled at:  19.95 US c/b 

The Australian Dollar currently trades at: 70.40 US cents. 

Forward indicative prices in Australian dollars are: 

*$623 for July Contract 2022 season 

$624 for 2022 season 

$588 for 2023 season 

$557 for 2024 season           

$533 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.

Friday, 20 May 2022 

The May 2022 contract settled at:  19.77 US c/b 

The Australian Dollar currently trades at: 70.49 US cents. 

Forward indicative prices in Australian dollars are: 

*$616 for July Contract 2022 season 

$618 for 2022 season 

$582 for 2023 season 

$556 for 2024 season           

$533 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.

Thursday, 19 May 2022

The May 2022 contract settled at:  19.83 US c/b

The Australian Dollar currently trades at: 69.56 US cents.

Forward indicative prices in Australian dollars are:

*$629 for July Contract 2022 season

$627 for 2022 season

$591 for 2023 season

 $561 for 2024 season       

$535 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.

Wednesday, 18 May 2022

The May 2022 contract settled at:  20.00 US c/b

The Australian Dollar currently trades at: 70.28 US cents. 

Forward indicative prices in Australian dollars are:

*$624 for July Contract 2022 season 

$624 for 2022 season 

$583 for 2023 season

$555 for 2024 season

$531 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.