Author: Kalagro

Thursday, 12 August 2021

The Oct 2021 contract settled at:  19.47 US c/lb

The Australian Dollar currently trades at:  73.74 US cents

Forward indicative prices in Australian dollars are:

* $578 for Oct Contract – 2021 season

$580 for 2021 season

$511 for 2022 season in for

$439 for 2023 season

$398 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Wednesday, 11 August 2021

The Oct 2021 contract settled at:  19.59 US c/lb

The Australian Dollar currently trades at:  73.50 US cents

Forward indicative prices in Australian dollars are:

* $584 for Oct Contract – 2021 season

$584 for 2021 season

$508 for 2022 season in for

$434 for 2023 season

$391 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited

Information sourced from QSL