SRA e- Newsletter – 13th October 2023
Day: October 13, 2023
Wilmar Daily Loading Advice
Loading Advice – Friday, 13th October 2023
INVICTA – 18 168
KALAMIA – 11 303
PIONEER – 11 813
INKERMAN – 6 527
TOTAL – 47 811
Kalagro Daily Fuel Price
Price effective Monday, 16th October 2023
DIESEL – $1.96130 including GST
UNLEADED – $1.79161 including GST
To place orders, please contact the Kalamia Cane Growers office.
Daily Sugar Price
Friday, 13 October 2023
The Mar 2024 contract settled at: 26.35 US c/b
The Australian Dollar currently trades at: 63.14cents.
Forward indicative prices in Australian dollars are:
$907 for 23 Season
$914 Mar 24 Contract – 23 Season
$816 for 2024 season
$714 for 2025 season
$665 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/tonnes gross actual 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 price currently reflects a 0:3:2:1 pricing ratio for the 2022 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2023, 2024 and 2025 Seasons.