Month: November 2022

Daily Sugar Price

Kalagro

Friday, 25 November 2022 

The March 2023 contract settled at:  19.55 US c/b 

The Australian Dollar currently trades at: 67.64 US cents. 

Forward indicative prices in Australian dollars are: 

*$633 for Mar Contract 2023 season 

$627 for 2022 season 

$563 for 2023 season 

$514 for 2024 season           

$490 for 2025 season 

$473 for 2026 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

Kalagro

 

Thursday, 24 November 2022

The March 2023 contract settled at:  19.55 US c/b

The Australian Dollar currently trades at: 67.43 US cents.

Forward indicative prices in Australian dollars are:

*$630 for Mar Contract 2023 season

$636 for 2022 season

$565 for 2023 season

 $516 for 2024 season      

$492 for 2025 season

$475 for 2026 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

Wilmar Burdekin Mills Update – 23.11.22

Kalagro

Good morning all

  • Inkerman restarted just before midnight last night. Zero for 4,300 tonnes cut yesterday is about 11am. Some high muds causing issues. 10,200 tonne loading today.
  • Pioneer ran out of yesterday’s cane just after 2am this morning. Restarted about 8:30am loading just over 11,700 tonnes for the day
  • Kalamia wont zero yesterday’s cane until 2:30pm after they broke the reclaimer arm last night and are battling with high muds today. Loading 8000 tonnes for the day
  • No harvesting at Invicta today. Best case at the moment is harvesting tomorrow for a Thursday night restart
Kind regards,

 

John Tait

Cane Supply Manager

Daily Sugar Price

Kalagro

Tuesday, 22 November 2022

The March 2023 contract settled at:  19.74 US c/b

The Australian Dollar currently trades at: 66.49 US cents.

Forward indicative prices in Australian dollars are:

$642 for Mar Contract 2023 season

$649 for 2022 season

$575 for 2023 season

$524 for 2024 season        

$499 for 2025 season

$481 for 2026 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