Day: December 16, 2022

Wilmar Daily Loading Advice

Kalagro

Loading Advice – Friday, 16th December 2022

INVICTA – 20 108

KALAMIA – 11 389

PIONEER – 11 324

INKERMAN – 7 069

TOTAL – 49 890

Hi all,

Reduced loading at Inkerman today due to a choke in the bagasse system yesterday evening. Both sides going again by 3am. All affected contractors were notified by text last night. Invicta A side is down while repairs are being carried out on a pressure feed chute but should be away later this morning.

Pioneer and Kalamia going well.

Please keep your messages going out regarding cane quality. High mud levels led to a 6 hour stop at Kalamia on Wednesday night and there is still some blatant over burning going on which results in a product that is difficult to process and causes downtime.

Kind regards,

 

John Tait

Cane Supply Manager

Daily Sugar Price

Kalagro

Thursday, 15 December 2022 

The March 2023 contract settled at:  19.98 US c/b 

The Australian Dollar currently trades at: 67.03 US cents. 

Forward indicative prices in Australian dollars are: 

*$651 for Mar Contract 2023 season 

$644 for 2022 season 

$574 for 2023 season 

$529 for 2024 season           

$506 for 2025 season 

$490 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