QSL Weekly Update – ending Friday, 3rd February 2023
Day: February 6, 2023
Kalagro Daily Fuel Price
Price effective Tuesday, 7th February 2023
DIESEL – $1.83227 including GST
UNLEADED – $1.70413 including GST
To place orders, please contact the Kalamia Cane Growers office.
Daily Sugar Price
Monday, 6 February 2023
The March 2023 contract settled at: 21.24 US c/b
The Australian Dollar currently trades at: 69.63 US cents.
Forward indicative prices in Australian dollars are:
*$677 for Mar Contract 2023 season
$670 for 2022 season
$600 for 2023 season
$535 for 2024 season
$497 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