Category: Daily Sugar Price

Wednesday, 7 August 2024

The July 2024 contract settled at:  17.87 US c/lb

The Australian Dollar currently trades at: 65.20 cents

Forward indicative prices in Australian dollars are:

$591 October 24 Contract

$592 for 2024 season

$572 for 2025 season

$568 for 2026 season

$568 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Tuesday, 6 August 2024

The July 2024 contract settled at:  18.08 US c/lb

The Australian Dollar currently trades at: 64.98 cents

Forward indicative prices in Australian dollars are:

$607 October 24 Contract

$608 for 2024 season

$585 for 2025 season

$576 for 2026 season

$575 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Monday, 5 August 2024 

The July 2024 contract settled at:  18.10 US c/lb 

The Australian Dollar currently trades at: 65.31 cents 

Forward indicative prices in Australian dollars are: 

$610 October 24 Contract

$609 for 2024 season 

$589 for 2025 season           

$581 for 2026 season           

$581 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Friday, 2 August 2024 

The July 2024 contract settled at:  18.50 US c/lb 

The Australian Dollar currently trades at: 65.01 cents 

Forward indicative prices in Australian dollars are: 

$623 October 24 Contract 

$622 for 2024 season 

$595 for 2025 season           

$578 for 2026 season          

$574 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Thursday, 1 August 2024 

The July 2024 contract settled at:  18.94 US c/lb 

The Australian Dollar currently trades at: 65.42 cents 

Forward indicative prices in Australian dollars are: 

$635 October 24 Contract 

$635 for 2024 season 

$600 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Wednesday, 31 July 2024

The July 2024 contract settled at:  19.12 US c/lb

The Australian Dollar currently trades at: 65.38 cents

Forward indicative prices in Australian dollars are:

$642 October 24 Contract

$642 for 2024 season

$603 for 2025 season

$584 for 2026 season

$575 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Tuesday, 30 July 2024

 The July 2024 contract settled at:  19.01 US c/lb

The Australian Dollar currently trades at: 65.49 cents

Forward indicative prices in Australian dollars are:

$636 October 24 Contract

$636 for 2024 season

$597 for 2025 season

$580 for 2026 season

$571 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Monday, 29 July 2024

The July 2024 contract settled at:  18.42 US c/lb

The Australian Dollar currently trades at: 65.79 cents

Forward indicative prices in Australian dollars are:

$617 October 24 Contract

$617 for 2024 season

$588 for 2025 season

$578 for 2026 season

$572 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Friday, 26 July 2024

The July 2024 contract settled at:  18.66 US c/lb

The Australian Dollar currently trades at: 65.38 cents

Forward indicative prices in Australian dollars are:

$622 October 24 Contract

$622 for 2024 season

$589 for 2025 season

$578 for 2026 season

$575 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Thursday, 25 July 2024

The July 2024 contract settled at:  17.91 US c/lb

The Australian Dollar currently trades at: 65.81 cents

Forward indicative prices in Australian dollars are:

$593 October 24 Contract

$594 for 2024 season

$576 for 2025 season

$572 for 2026 season

$570 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.