Category: Email Submissions

Friday, 8 December 2023 

The Mar 2024 contract settled at:  23.03 US c/b 

The Australian Dollar currently trades at: 66.02 cents. 

Forward indicative prices in Australian dollars are: 

$760 for 23 Season 

$764 Mar 24 Contract – 23 Season 

$711 for 2024 season 

$681 for 2025 season           

$665 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.

Thursday, 7 December 2023 

The Mar 2024 contract settled at:  23.00 US c/b 

The Australian Dollar currently trades at: 65.49 cents. 

Forward indicative prices in Australian dollars are: 

$770 for 23 Season 

$774 Mar 24 Contract – 23 Season 

$724 for 2024 season 

$693 for 2025 season           

$676 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, 6 December 2023

The Mar 2024 contract settled at:  24.96 US c/b

The Australian Dollar currently trades at: 0.6552 cents.

Forward indicative prices in Australian dollars are:

$829 for 23 Season

$835 Mar 24 Contract – 23 Season

$771 for 2024 season

 $711 for 2025 season           

 $683 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, 5 December 2023 

The Mar 2024 contract settled at:  25.81 US c/b

The Australian Dollar currently trades at: 0.662 cents 

Forward indicative prices in Australian dollars are:

$849 for 23 Season

$855 Mar 24 Contract – 23 Season

$777 for 2024 season

 $710 for 2025 season          

 $676 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.

Monday, 4 December 2023 

The May 2022 contract settled at:  25.09 US c/b 

The Australian Dollar currently trades at: 66.51 US cents. 

Forward indicative prices in Australian dollars are: 

*$819 for Oct Contract 2023 season 

$824 for 2023 season 

$761 for 2024 season           

$700 for 2025 season 

$670 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 2022 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2023, 2024 and 2025 Seasons.