Daily Sugar Price

Friday, 10 November 2023 

The Mar 2024 contract settled at:  27.78 US c/b 

The Australian Dollar currently trades at: 63.67 cents. 

Forward indicative prices in Australian dollars are: 

$944 for 23 Season 

$952 Mar 24 Contract – 23 Season 

$835 for 2024 season 

$735 for 2025 season           

$687 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

 

Daily Sugar Price

Thursday, 9 November 2023 

The Mar 2024 contract settled at:  27.21 US c/b 

The Australian Dollar currently trades at: 64.02 cents. 

Forward indicative prices in Australian dollars are: 

$924 for 23 Season 

$932 Mar 24 Contract – 23 Season 

$818 for 2024 season 

$722 for 2025 season           

$678 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

 

Daily Sugar Price

Wednesday, 8 November 2023

The Mar 2024 contract settled at:  27.59 US c/b

The Australian Dollar currently trades at: 64.39 cents.

Forward indicative prices in Australian dollars are:

$929 for 23 Season

$937 Mar 24 Contract – 23 Season

$826 for 2024 season

$730 for 2025 season          

 $684 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.