Month: January 2025

Wednesday, 8 January 2025

The July 2024 contract settled at:  19.45 US c/lb

The Australian Dollar currently trades at: 62.30 cents

Forward indicative prices in Australian dollars are:

$688 March 25 Contract

$680 for 2024 season

$625 for 2025 season

$594 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.

Tuesday, 7 January 2025

The July 2024 contract settled at:  19.33 US c/lb

The Australian Dollar currently trades at: 62.46 cents

Forward indicative prices in Australian dollars are:

$682 March 25 Contract

$674 for 2024 season

$621 for 2025 season

$592 for 2026 season

$579 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.