QSL Market Update – 5th June 2024
Month: June 2024
Kalagro Daily Fuel Price
Price effective Thursday, 6th June 2024
DIESEL – $1.73624 including GST
UNLEADED – $1.71578 including GST
To place orders, please contact the Kalamia Cane Growers office.
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Daily Sugar Price
Tuesday, 4 June 2024
The May 2024 contract settled at: 18.78 US c/lb
The Australian Dollar currently trades at: 66.89 cents
Forward indicative prices in Australian dollars are:
$613 July 24 Contract
$611 for 2024 season
$597 for 2025 season
$586 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.
Kalagro Daily Fuel Price
Price effective Wednesday, 5th June 2024
DIESEL – $1.74874 including GST
UNLEADED – $1.72712 including GST
To place orders, please contact the Kalamia Cane Growers office.
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Wilmar Burdekin Grower Update – Friday, 31st May 2024
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Kalagro Daily Fuel Price
Price effective Tuesday, 4th June 2024
DIESEL – $1.74992 including GST
UNLEADED – $1.73219 including GST
To place orders, please contact the Kalamia Cane Growers office.
Daily Sugar Price
Monday, 3 June 2024
The May 2024 contract settled at: 18.30 US c/lb
The Australian Dollar currently trades at: 66.45 cents
Forward indicative prices in Australian dollars are:
$603 July 24 Contract
$604 for 2024 season
$595 for 2025 season
$588 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.