Year: 2023

Daily Sugar Price

annmaree dalessandro

Monday, 18 September 2023 

The May 2022 contract settled at:  26.91 US c/b 

The Australian Dollar currently trades at: 64.38 US cents. 

Forward indicative prices in Australian dollars are: 

*$909 for Oct Contract 2023 season 

$915 for 2023 season 

$803 for 2024 season           

$676 for 2025 season 

$623 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.

 

Daily Sugar Price

annmaree dalessandro

Friday, 15 September 2023 

The Oct 2023 contract settled at:  26.98 US c/b 

The Australian Dollar currently trades at: 64.40 cents. 

Forward indicative prices in Australian dollars are: 

$910 for 23 Season 

$917 Oct Contract 23 Season 

$800 for 2024 season 

$675 for 2025 season           

$625 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.

 

 

Daily Sugar Price

Kalagro

Thursday, 14 September 2023

The Oct 2023 contract settled at:  26.54 US c/b

The Australian Dollar currently trades at: 64.31 cents.

Forward indicative prices in Australian dollars are:

$904 for 23 Season

$910 Oct Contract 23 Season 

$796 for 2024 season

 $674 for 2025 season           

 $627 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.