Category: Email Submissions

Tuesday, 6 February 2024

The Mar 2024 contract settled at:  23.53 US c/lb

The Australian Dollar currently trades at: 64.83 cents

Forward indicative prices in Australian dollars are:

$793 for 23 Season

$798 Mar 24 Contract – 23 Season

$755 for 2024 season

$684 for 2025 season

$627 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, 5 February 2024 

The Mar 2024 contract settled at:  23.89 US c/lb 

The Australian Dollar currently trades at: 65.16 cents 

Forward indicative prices in Australian dollars are: 

$802 for 23 Season 

$807 Mar 24 Contract – 23 Season 

$754 for 2024 season 

$685 for 2025 season           

$631 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.

Friday, 2 February 2024 

The Mar 2024 contract settled at:  23.56 US c/lb 

The Australian Dollar currently trades at: 65.72 cents 

Forward indicative prices in Australian dollars are: 

$781 for 23 Season 

$786 Mar 24 Contract – 23 Season

$743 for 2024 season 

$680 for 2025 season           

$628 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, 1 February 2024

The Mar 2024 contract settled at:  24.13 US c/lb

The Australian Dollar currently trades at: 65.68 cents

Forward indicative prices in Australian dollars are:

$800 for 23 Season

$805 Mar 24 Contract – 23 Season

$748 for 2024 season

$677 for 2025 season        

$621 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, 31 January 2024

The Mar 2024 contract settled at:  23.91 US c/lb

The Australian Dollar currently trades at: 66.02 cents

Forward indicative prices in Australian dollars are:

$791 for 23 Season

$796 Mar 24 Contract – 23 Season

$744 for 2024 season

$678 for 2025 season

$626 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.