Daily Sugar Price

Friday, 8 July 2022 

 

The May 2022 contract settled at:  18.52 US c/b 

The Australian Dollar currently trades at: 68.22 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$597 for July Contract 2022 season 

$595 for 2022 season 

$569 for 2023 season 

$549 for 2024 season           

$537 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/mt 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 a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Thursday, 7 July 2022 

The May 2022 contract settled at:  17.99 US c/b

The Australian Dollar currently trades at: 67.84 US cents.

Forward indicative prices in Australian dollars are:

*$584 for July Contract 2022 season

$584 for 2022 season

$563 for 2023 season

$545 for 2024 season        

$534 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/mt 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 a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

The Prince of Wales Environment Leadership – Reef Sustainability Award – Nomination by Kalamia Cane Growers

thumbnail of THE PRINCE OF WALES ENVIRONMENT LEADERSHIP

The company Pacific Bio Fisheries used a native macro algae process called ReGenAqua to clean their Aquaculture ponds to remove nutrients and pesticides from water that was to be released into the ecosystem connecting to the Great Barrier Reef.
In 2015/2016 a year long trial with James Cook University at the Cleveland Bay, Townsville, Waste Water treatment plant revealed some very interesting figures how this process of using Native algae from the ecosystem removed high amounts of Nitrogen and Phosphorous.
ReGenAqua is the low cost alternative to fix aged Waste Water Treatment plants in the Great Barrier Reef Region. With recent focus by the former Federal Government on Urban Waste water this technology used by Pacific Bio Fisheries on their Prawn farm near Ayr can also be used in Urban Waste Water Management,
For every megalitre of Waste water treated per day a total of 5000 kilograms of Dissolved In Organic Nitrogen was removed and a total 1111 kilo grams of Phosphorus was removed.
The technology is also cheaper than a constructed Wetland and uses less area and has minimal to no risk in extreme weather events.
A plant to treat 8000 kg of N per annum with ReGenAqua requires 4 hectares of land vs 80 hectares for a Constructed Wetland.
2-2500 kg of Nitrogen is removed per hectare with RegenAqua vs 100 kg of Nitrogen with a Constructed Wetland.
The algae is harvested to produce products that can be used in the farming process to help crops like sugarcane, horticultural crops, grains and livestock.
The market demand and amount of product produced only allows 2 products to be sold by ReGenAqua, Plant Juice and Big Shot Fertiliser sold by Liqua Force.
The product like Big Shot Fertiliser helps plants use Nitrogen more efficiently and reduce applied Nitrogen losses in liquid fertilisers. ( Article Townsville Bulletin 31/07/2021)
While Plant Juice helps in the root development of plants develop stronger root system for heat and drought tolerance and also help utilize atmospheric nitrogen.
The water is released with Nitrogen. phosphorous and pesticides removed and into the Great Barrier Reef.
read more

Daily Sugar Price

Wednesday, 6 July 2022

The May 2022 contract settled at:  17.80 US c/b

The Australian Dollar currently trades at: 68.73 US cents.

Forward indicative prices in Australian dollars are:

*$578 for July Contract 2022 season

$577 for 2022 season

$561 for 2023 season

 $544 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/mt 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 a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Tuesday, 5 July 2022

The May 2022 contract settled at:  18.07 US c/b

The Australian Dollar currently trades at: 68.34 US cents.

Forward indicative prices in Australian dollars are:

*$581 for July Contract 2022 season

$579 for 2022 season

$564 for 2023 season

 $545 for 2024 season        

$534 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/mt 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 a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons