Daily Sugar Price

 

Tuesday, 24 January 2023

The March 2023 contract settled at:  19.70 US c/b

The Australian Dollar currently trades at: 70.29 US cents.

Forward indicative prices in Australian dollars are:

*$607 for Mar Contract 2023 season

$614 for 2022 season

$552 for 2023 season

  $513 for 2024 season       

 $483 for 2025 season

$469 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Monday, 23 January 2023 

The March 2023 contract settled at:  19.72 US c/b 

The Australian Dollar currently trades at: 69.56 US cents. 

Forward indicative prices in Australian dollars are: 

*$620 for Mar Contract 2023 season 

$613 for 2022 season 

$549 for 2023 season 

$510 for 2024 season           

$486 for 2025 season 

$469 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Friday, 20 January 2023 

The March 2023 contract settled at:  19.68 US c/b 

The Australian Dollar currently trades at: 69.91 US cents. 

Forward indicative prices in Australian dollars are: 

*$625 for Mar Contract 2023 season 

$618 for 2022 season 

$555 for 2023 season 

$514 for 2024 season           

$490 for 2025 season 

$473 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons