Month: January 2023

Daily Sugar Price

Kalagro

Wednesday, 18 January 2023

The March 2023 contract settled at:  20.14 US c/b

The Australian Dollar currently trades at: 69.88 US cents.

Forward indicative prices in Australian dollars are:

*$624 for Mar Contract 2023 season

$631 for 2022 season

$553 for 2023 season

  $510 for 2024 season      

 $486 for 2025 season

$469 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

Tuesday, 17 January 2023 

The March 2023 contract settled at:  19.73 US c/b 

The Australian Dollar currently trades at: 69.55 US cents. 

Forward indicative prices in Australian dollars are: 

*$621 for Mar Contract 2023 season 

$614 for 2022 season 

$546 for 2023 season 

$505 for 2024 season           

$482 for 2025 season 

$465 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

Monday, 16 January 2023

The March 2023 contract settled at:  19.73 US c/b

The Australian Dollar currently trades at: 69.62 US cents.

Forward indicative prices in Australian dollars are:

*$613 for Mar Contract 2023 season

$620 for 2022 season

$545 for 2023 season

  $504 for 2024 season          

  $481 for 2025 season

$465 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

Friday, 13 January 2023 

The March 2023 contract settled at:  19.59 US c/b

The Australian Dollar currently trades at: 69.69 US cents.

 Forward indicative prices in Australian dollars are:

*$610 for Mar Contract 2023 season

$616 for 2022 season

$546 for 2023 season 

$507 for 2024 season           

 $484 for 2025 season

$468 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, 12 January 2023

 

 

The March 2023 contract settled at:  19.65 US c/b

 

The Australian Dollar currently trades at: 69.04 US cents.

 

Forward indicative prices in Australian dollars are:

 

 

*$617 for Mar Contract 2023 season

 

$624 for 2022 season

 

$550 for 2023 season

 

           $510 for 2024 season

           

            $487 for 2025 season

 

$470 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