Daily Sugar Price

Friday, 3 March 2023 

The March 2023 contract settled at:  20.31 US c/b 

The Australian Dollar currently trades at: 67.30 US cents. 

Forward indicative prices in Australian dollars are: 

*$661 for May Contract 2023 season 

$661 for 2022 season 

$630 for 2023 season 

$561 for 2024 season           

$522 for 2025 season 

$495 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

Thursday, 2 March 2023

The March 2023 contract settled at:  20.57 US c/b

The Australian Dollar currently trades at: 67.61 US cents. 

Forward indicative prices in Australian dollars are:

*$668 for May Contract 2023 season

$668 for 2022 season

$636 for 2023 season

  $562 for 2024 season    

  $518 for 2025 season

  $489 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.

Extreme high visibility policing operation commences across Queensland

Minister for Police and Corrective Services and Minister for Fire and Emergency Services

The Honourable Mark Ryan

Extreme high visibility policing operation commences across Queensland

  • A permanent extreme high visibility police operation has commenced across Queensland.
  • Operation Victor Unison will involve additional police patrols and community engagements in youth crime hot spot areas.
  • The high-visibility patrols are built on the success of Operation Uniform Theta, which was conducted in key Queensland locations over the Summer school holidays.

Minister for Police, Mark Ryan on Thursday announced a permanent extreme high visibility policing operation has been launched across Queensland to target youth crime and enhance community safety.

Operation Victor Unison will involve police officers conducting high-visibility officer patrols in intelligence driven hot spot locations, including public spaces and residential areas.

The boosted patrols are coordinated in addition to day-to-day policing operations, and enable officers to walk through shopping precincts, deploy to hot spot areas, conduct bail checks and engage with young people.

The operation follows the success of Operation Uniform Theta which resulted in the arrests of more than 2,800 people on 6,500 charges and around 23,000 proactive policing activities.
Operation Victor Unison will be conducted across key districts and locations around Queensland.

Quotes attributed to Police Minister Mark Ryan:

“We know that having a high police presence has many benefits in keeping our communities safe,” Minister Ryan said.

“Having extra police out on patrol has a strong deterrence factor and sends a clear message to would-be offenders.

“It is also about enabling business owners and community members to speak with their local police about issues affecting their area.

“The extra patrols are over and above normal calls for service and everyday policing operations in areas where they are needed most.

“The community can expect to see extra police out on the beat in their local communities.”

Quotes attributable to Member for Thuringowa Aaron Harper:

“Everyone in our community values the amazing work the Queensland Police Service does to keep us safe.

“Having these additional permanent high visibility patrols able to be deployed wherever police need, will help keep our community safe which is paramount.”

“The feedback I’ve received from local businesses whenever the police have done similar patrols has been overwhelmingly positive.”

Quotes attributable to Member for Mundingburra Les Walker:

“These permanent high-visibility patrols are an additional tool to help keep the community safe.

“No amount of crime is acceptable and we will tackle this issue from all angles.”

Quotes attributable to Member for Townsville Scott Stewart:

“As a government we continue to back our police with the resources they need to keep our community safe.

“We want to attack both the causes of crime and crime itself which is why these high visibility patrols are important.”

Quotes attributed to Acting Deputy Commissioner Mark Wheeler:

“The Queensland Police Service has received very positive feedback from business owners, retail staff and local community members about our high visibility policing during Operation Uniform Theta,” Acting Deputy Commissioner Wheeler said.

“We are pleased to roll out extra high visibility patrols in hotspots across the State as part of this new expanded operation.

“This ‘boots-on-the-ground style’ operation will see officers in marked police vehicles patrolling streets, walking through shopping centres, retail and restaurant precincts, stop in at service stations and really engage with the community.”

Additional information:
The extreme high visibility patrols are part of a suite of measures announced by the Palaszczuk Government to combat youth crime, including an expanded State Flying Squad to focus on youth crime issues, and the youth co-responder program expanded across the state and several other initiatives.

Operation Victor Unison commenced on March 1.

Media contacts 
Minister Ryan’s Office:                                                      Ph: (07) 3035 8300
Police Media:                                                                     Ph: (07) 3015 2444

Daily Sugar Price

Wednesday, 1 March 2023

The March 2023 contract settled at:  20.07 US c/b

The Australian Dollar currently trades at: 67.29 US cents.

Forward indicative prices in Australian dollars are:

*$651 for May Contract 2023 season

$651 for 2022 season

$624 for 2023 season

  $559 for 2024 season      

 $520 for 2025 season

 $495 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.