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Kalamia Cane Growers & Kalagro / KCGO News / QSL / QSL Market Update

QSL Market Update

November 29, 2024 annmaree dalessandro

QSL Market Update – ending Thursday, 28th November 2024

QSL Market Update - 28 November 2024
QSL, QSL Updates

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Wilmar Daily Loading Advice
Wilmar Kalamia Grower Update
Fri 29 Nov 2024

Kalagro Daily Fuel Price

Due to volatility of the daily fuel price, please call the Kalamia Cane Growers office for the Kalagro customers discounted price. 

To place orders, please contact the Kalamia Cane Growers office 4783 1312.

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Fri 29 Nov 2024

Friday, 29 November 2024 

The July 2024 contract settled at:  21.69 US c/lb 

The Australian Dollar currently trades at: 64.99 cents 

Forward indicative prices in Australian dollars are: 

$732 March 25 Contract 

$725 for 2024 season 

$653 for 2025 season           

$601 for 2026 season           

$576 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.

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