Category: Email Submissions

Thursday, 19 December 2024 

The July 2024 contract settled at:  19.65 US c/lb 

The Australian Dollar currently trades at: 62.18 cents 

Forward indicative prices in Australian dollars are: 

$694 March 25 Contract

$686 for 2024 season 

$626 for 2025 season           

$592 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.

Wednesday, 18 December 2024 

The July 2024 contract settled at:  19.84 US c/lb 

The Australian Dollar currently trades at: 63.37 cents 

Forward indicative prices in Australian dollars are: 

$688 March 25 Contract 

$680 for 2024 season 

$622 for 2025 season           

$585 for 2026 season           

$574 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, 17 December 2024 

The July 2024 contract settled at:  20.68 US c/lb 

The Australian Dollar currently trades at: 63.71 cents 

Forward indicative prices in Australian dollars are: 

$712 March 25 Contract 

$703 for 2024 season 

$630 for 2025 season           

$585 for 2026 season           

$568 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.

Friday, 13 December 2024 

The July 2024 contract settled at:  20.89 US c/lb 

The Australian Dollar currently trades at: 63.69 cents 

Forward indicative prices in Australian dollars are: 

$722 March 25 Contract 

$714 for 2024 season 

$643 for 2025 season           

$593 for 2026 season           

$570 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.

Thursday, 12 December 2024 

The July 2024 contract settled at:  21.28 US c/lb 

The Australian Dollar currently trades at: 63.69 cents 

Forward indicative prices in Australian dollars are: 

$735 March 25 Contract 

$726 for 2024 season 

$648 for 2025 season           

$595 for 2026 season           

$573 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.

Wednesday, 11 December 2024 

The July 2024 contract settled at:  21.04 US c/lb 

The Australian Dollar currently trades at: 63.77 cents 

Forward indicative prices in Australian dollars are:

 $725 March 25 Contract 

$717 for 2024 season 

$644 for 2025 season           

$593 for 2026 season           

$571 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, 10 December 2024 

The July 2024 contract settled at:  21.50 US c/lb 

The Australian Dollar currently trades at: 64.40 cents 

Forward indicative prices in Australian dollars are: 

$724 March 25 Contract 

$733 for 2024 season 

$644 for 2025 season           

$588 for 2026 season           

$568 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.

Monday, 9 December 2024 

The July 2024 contract settled at:  21.81 US c/lb 

The Australian Dollar currently trades at: 63.87 cents 

Forward indicative prices in Australian dollars are: 

$? March 25 Contract 

$740 for 2024 season 

$657 for 2025 season           

$595 for 2026 season           

$569 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.

Friday, 6 December 2024 

The July 2024 contract settled at:  21.20 US c/lb 

The Australian Dollar currently trades at: 64.53 cents

 Forward indicative prices in Australian dollars are: 

$721 March 25 Contract 

$713 for 2024 season 

$643 for 2025 season           

$593 for 2026 season           

$569 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.

Thursday, 5 December 2024 

The July 2024 contract settled at:  21.26 US c/lb 

The Australian Dollar currently trades at: 64.30 cents 

Forward indicative prices in Australian dollars are: 

$726 March 25 Contract 

$718 for 2024 season 

$644 for 2025 season           

$593 for 2026 season           

$570 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.