Year: 2023

Thursday, 20 April 2023

The May 2023 contract settled at:  24.37 US c/b

The Australian Dollar currently trades at: 67.13 US cents.

Forward indicative prices in Australian dollars are:

*$794 for May Contract 2022 season

$794 for 2022 season

$752 for 2023 season

$649 for 2024 season      

$579 for 2025 season

 $529 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, 19 April 2023

The May 2023 contract settled at:  24.54 US c/b

The Australian Dollar currently trades at: 67.25 US cents.

Forward indicative prices in Australian dollars are:

*$798 for May Contract 2022 season

$798 for 2022 season

$753 for 2023 season

 $648 for 2024 season           

 $578 for 2025 season

 $527 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.

Tuesday, 18 April 2023

The May 2023 contract settled at:  24.44 US c/b

The Australian Dollar currently trades at: 66.54 US cents.

Forward indicative prices in Australian dollars are:

*$801 for May Contract 2022 season

$801 for 2022 season

$753 for 2023 season

$651 for 2024 season    

$578 for 2025 season

 $525 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.

Monday, 17 April 2023

The May 2023 contract settled at:  24.10 US c/b 

The Australian Dollar currently trades at: 66.54 US cents. 

Forward indicative prices in Australian dollars are: 

*$792 for May Contract 2022 season 

$792 for 2022 season 

$746 for 2023 season 

$649 for 2024 season           

$579 for 2025 season 

$528 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.