Category: Email Submissions

Tuesday, 26 October 2021

 

The March 2021 contract settled at:  19.39 US c/b

The Australian Dollar currently trades at: 74.91 US cents. 

Forward indicative prices in Australian dollars are:

*$567 for Mar Contract 2021 season

$569 for 2021 season

$536 for 2022 season

     $477 for 2023 season

           

            $445 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/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

 

Monday, 25 October 2021

The March 2021 contract settled at: 19.08 US c/b

The Australian Dollar currently trades at: 74.66 US cents.

Forward indicative prices in Australian dollars are:

*$561 for Mar Contract 2021 season

$559 for 2021 season

$532 for 2022 season

$474 for 2023 season

$444 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/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Friday, 22 October 2021

The March 2018 contract settled at:  18.94 US c/b

The Australian Dollar currently trades at: 74.67 US cents.

Forward indicative prices in Australian dollars are:

 

 

*$559 for Mar Contract 2021 season

$557 for 2021 season

$531 for 2022 season

$471 for 2023 season          

$443 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/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

 

 

Thursday, 21 October 2021

 

 

The March 2018 contract settled at:  18.97 US c/b

 

The Australian Dollar currently trades at: 75.16 US cents.

 

Forward indicative prices in Australian dollars are:

 

 

*$553 for Mar Contract 2021 season

 

$554 for 2021 season

 

$529 for 2022 season

 

           $468 for 2023 season

           

            $442 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/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

 

 

Wednesday, 20 October 2021

 

The March 2018 contract settled at:  18.87 US c/b

 

The Australian Dollar currently trades at: 74.74 US cents.

 

Forward indicative prices in Australian dollars are:

 

*$554 for Mar Contract 2021 season

$555 for 2021 season

$536 for 2022 season

           $477 for 2023 season

                   $448 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/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.