Daily Sugar Price

Thursday, 22 April 2021

 

The May 2021 contract settled at:  16.94 US c/lb

The Australian Dollar currently trades at:  77.54 US cents

Forward indicative prices in Australian dollars are:

* $471 for  May Contract – 2021 season

$478 for 2021 season

$421 for 2022 season

$374 for 2023 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

 

Daily Sugar Price

Wednesday, 21 April 2021

The May 2021 contract settled at:  16.77 US c/lb

The Australian Dollar currently trades at:  77.26 US cents

Forward indicative prices in Australian dollars are:

* $477 for May Contract – 2020 season

$477 for 2020 season

$469 for 2021 season

$419 for 2022 season

$372 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Daily Sugar Price

 

Tuesday, 20 April 2021

The May 2021 contract settled at:  16.29 US c/lb

The Australian Dollar currently trades at:  77.59 US cents

Forward indicative prices in Australian dollars are:

* $462 for May Contract – 2020 season

$462 for 2020 season

$456 for 2021 season

$413 for 2022 season

$372 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Daily Sugar Price

Monday, 19 April 2021

The May 2021 contract settled at:  16.72 US c/lb

The Australian Dollar currently trades at:  77.36 US cents

Forward indicative prices in Australian dollars are:

* $476 for May Contract – 2020 season

 

$476 for 2020 season

$464 for 2021 season

$416 for 2022 season

$377 for 2023 season

 

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

 

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Daily Sugar Price

Friday, 16 April 2021

The May 2021 contract settled at:  16.38 US c/lb

The Australian Dollar currently trades at:  77.52 US cents

Forward indicative prices in Australian dollars are:

* $464 for May Contract – 2020 season

 

$464 for 2020 season

$457 for 2021 season

$412 for 2022 season

$375 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL