Category: Email Submissions

Tuesday, 2 May 2023

The May 2023 contract settled at:  25.54 US c/b

The Australian Dollar currently trades at: 66.30 US cents.

Forward indicative prices in Australian dollars are:

$815 for 23 Season

$843 Jul Contract 23 Season

$696 for 2024 season

 $605 for 2025 season

 $538 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.

Friday, 28 April 2023 

The May 2022 contract settled at:  26.99 US c/b 

The Australian Dollar currently trades at: 66.31 US cents. 

Forward indicative prices in Australian dollars are: 

*$874 for July Contract 2023 season 

$842 for 2023 season 

$698 for 2024 season           

$602 for 2025 season 

$533 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.

Thursday, 27 April 2023

The May 2023 contract settled at:  26.51 US c/b

The Australian Dollar currently trades at: 66.03 US cents. 

Forward indicative prices in Australian dollars are:

$821 for 23 Season

$854 Jul Contract 23 Season

$688 for 2024 season

 $599 for 2025 season        

 $535 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.

Thursday, 20 April 2023

The May 2023 contract settled at:  24.37 US c/b

The Australian Dollar currently trades at: 67.13 US cents.

Forward indicative prices in Australian dollars are:

*$794 for May Contract 2022 season

$794 for 2022 season

$752 for 2023 season

$649 for 2024 season      

$579 for 2025 season

 $529 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.