SRA eNews – October 2024
Day: October 11, 2024
Kalagro Daily Fuel Price
Price effective Monday, 14th October 2024
DIESEL – $1.64907 including GST
UNLEADED – $1.63670 including GST
To place orders, please contact the Kalamia Cane Growers office.
Wilmar Daily Loading Advice
Loading Advice – Friday, 11th October 2024
INVICTA – 22 620
KALAMIA – 11 495
PIONEER – 12 088
INKERMAN – 9 141
TOTAL – 55 344
Daily Sugar Price
Friday, 11 October 2024
The July 2024 contract settled at: 22.16 US c/lb
The Australian Dollar currently trades at: 67.38 cents
Forward indicative prices in Australian dollars are:
$723 March 25 Contract
$714 for 2024 season
$629 for 2025 season
$577 for 2026 season
$554 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.