Daily Sugar Price

Friday, 23 February 2024 

The Mar 2024 contract settled at:  22.74 US c/lb 

The Australian Dollar currently trades at: 64.91 cents

Forward indicative prices in Australian dollars are: 

$739 for 23 Season 

$763 Mar 24 Contract – 23 Season 

$729 for 2024 season 

$681 for 2025 season           

$632 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.

 

Daily Sugar Price

Monday, 19 February 2024 

The Mar 2024 contract settled at:  23.08 US c/lb 

The Australian Dollar currently trades at: 65.33 cents 

Forward indicative prices in Australian dollars are: 

$774 for 23 Season 

$777 Mar 24 Contract – 23 Season 

$744 for 2024 season 

$688 for 2025 season           

$636 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.

 

Daily Sugar Price

Friday, 16 February 2024 

The Mar 2024 contract settled at:  22.82 US c/lb 

The Australian Dollar currently trades at: 65.25 cents 

Forward indicative prices in Australian dollars are: 

$763 for 23 Season 

$767 Mar 24 Contract – 23 Season 

$730 for 2024 season 

$670 for 2025 season           

$620 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.