Year: 2023

Tuesday, 20 June 2023

The May 2023 contract settled at:  26.43 US c/b

The Australian Dollar currently trades at: 68.51 US cents.

Forward indicative prices in Australian dollars are:

$823 for 23 Season

$848 Jul Contract 23 Season

$711 for 2024 season

 $655 for 2025 season      

 $575 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.

Thursday, 15 June 2023

The May 2023 contract settled at:  25.84 US c/b

The Australian Dollar currently trades at: 67.67 US cents.

Forward indicative prices in Australian dollars are:

$809 for 23 Season 

$835 Jul Contract 23 Season

$711 for 2024 season

  $624 for 2025 season

  $570 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.

Wednesday, 14 June 2023

The May 2023 contract settled at:  25.16 US c/b

The Australian Dollar currently trades at: 67.67 US cents.

Forward indicative prices in Australian dollars are:

$792 for 23 Season

$815 Jul Contract 23 Season

$709 for 2024 season

 $629 for 2025 season          

$577 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.