Year: 2024

Tuesday, 30 January 2024

The Mar 2024 contract settled at:  23.53 US c/lb

The Australian Dollar currently trades at: 66.11 cents

Forward indicative prices in Australian dollars are:

$777 for 23 Season

$781 Mar 24 Contract – 23 Season

$733 for 2024 season

$671 for 2025 season

$624 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.

Monday, 29 January 2024 

The Mar 2024 contract settled at:  23.77 US c/lb 

The Australian Dollar currently trades at: 65.85 cents 

Forward indicative prices in Australian dollars are: 

$794 for 23 Season 

$799 Mar 24 Contract – 23 Season 

$747 for 2024 season 

$685 for 2025 season           

$639 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.

Wednesday, 24 January 2024

The Mar 2024 contract settled at:  23.75 US c/lb

The Australian Dollar currently trades at: 65.80 cents

 Forward indicative prices in Australian dollars are:

$790 for 23 Season

$795 Mar 24 Contract – 23 Season

$737 for 2024 season

$668 for 2025 season     

$622 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.

Tuesday, 23 January 2024

The Mar 2024 contract settled at:  23.50 US c/lb

The Australian Dollar currently trades at: 65.70 cents

Forward indicative prices in Australian dollars are:

$780 for 23 Season

$785 Mar 24 Contract – 23 Season

$728 for 2024 season

$662 for 2025 season

$617 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.