Month: August 2024

Daily Sugar Price

annmaree dalessandro

Monday, 5 August 2024 

The July 2024 contract settled at:  18.10 US c/lb 

The Australian Dollar currently trades at: 65.31 cents 

Forward indicative prices in Australian dollars are: 

$610 October 24 Contract

$609 for 2024 season 

$589 for 2025 season           

$581 for 2026 season           

$581 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Wilmar Daily Loading Advice

annmaree dalessandro

Loading Advice – Friday, 2nd August 2024

INVICTA – 22 502

KALAMIA – 9 967

PIONEER – 7 762

INKERMAN – 3 475

TOTAL – 43 706

Invicta Mill – Loading will be slightly reduced ahead of a planned stop tonight at 4am due to a 3 hour stop scheduled for Industrial Action tomorrow.

Kalamia Mill – Loading will also be reduced with a stop planned for 4am in preparation for a 6 hour stop for Industrial Action tomorrow.

Pioneer Mill – Loading will be reduced ahead of a planned stop tonight at 1am as there is an 8 hour stop scheduled for Industrial Action tomorrow.

Inkerman Mill – Will have an extended stop due to a maintenance day and boiler repair, with steam off at 4pm today for planned Industrial Action and a 22 hour

stop planned for Industrial Action tomorrow.

Daily Sugar Price

annmaree dalessandro

Friday, 2 August 2024 

The July 2024 contract settled at:  18.50 US c/lb 

The Australian Dollar currently trades at: 65.01 cents 

Forward indicative prices in Australian dollars are: 

$623 October 24 Contract 

$622 for 2024 season 

$595 for 2025 season           

$578 for 2026 season          

$574 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.