Category: Email Submissions

Monday, 17 June 2024 

The May 2024 contract settled at:  19.43 US c/lb 

The Australian Dollar currently trades at: 66.33 cents 

Forward indicative prices in Australian dollars are: 

$643 July 24 Contract 

$645 for 2024 season 

$602 for 2025 season           

$579 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

Friday, 14 June 2024

The May 2024 contract settled at:  19.59 US c/lb

The Australian Dollar currently trades at: 66.36 cents

Forward indicative prices in Australian dollars are:

$650 July 24 Contract

$645 for 2024 season

$602 for 2025 season

$578 for 2026 season

$567 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

Thursday, 13 June 2024

The May 2024 contract settled at:  19.10 US c/lb

The Australian Dollar currently trades at: 66.64 cents

Forward indicative prices in Australian dollars are:

$628 July 24 Contract

$623 for 2024 season

$591 for 2025 season

$573 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.

Wednesday, 12 June 2024

The May 2024 contract settled at:  18.79 US c/lb

The Australian Dollar currently trades at: 66.07 cents

Forward indicative prices in Australian dollars are:

$623 July 24 Contract

$620 for 2024 season

$598 for 2025 season

$586 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.

Tuesday, 11 June 2024

The May 2024 contract settled at:  18.63 US c/lb

The Australian Dollar currently trades at: 66.10 cents

Forward indicative prices in Australian dollars are:

$619 July 24 Contract

$617 for 2024 season

$596 for 2025 season

$584 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.