Category: Daily Sugar Price

Wednesday, 22 November 2023 

The Mar 2024 contract settled at:  27.75 US c/b

The Australian Dollar currently trades at: .65 cents.

Forward indicative prices in Australian dollars are:

$920 for 23 Season 

$928 Mar 24 Contract – 23 Season 

$818 for 2024 season

 $718 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 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

Enhancing the Productivity and Profitability of Growers

Tuesday, 21 November 2023

The Mar 2024 contract settled at:  27.56 US c/b

The Australian Dollar currently trades at: .65.57 cents.

Forward indicative prices in Australian dollars are:

$914 for 23 Season 

$922 Mar 24 Contract – 23 Season

$812 for 2024 season

  $713 for 2025 season    

 $668 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, 20 November 2023 

The Mar 2024 contract settled at:  27.18 US c/b 

The Australian Dollar currently trades at: 65.11 cents. 

Forward indicative prices in Australian dollars are: 

$907 for 23 Season 

$915 Mar 24 Contract – 23 Season 

$805 for 2024 season 

$708 for 2025 season           

$664 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, 17 November 2023 

The Mar 2024 contract settled at:  27.19 US c/b 

The Australian Dollar currently trades at: 64.70 cents. 

Forward indicative prices in Australian dollars are: 

$914 for 23 Season 

$922 Mar 24 Contract – 23 Season 

$813 for 2024 season 

$719 for 2025 season           

$675 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, 16 November 2023

The Mar 2024 contract settled at:  27.15 US c/b

The Australian Dollar currently trades at: 6509 cents.

Forward indicative prices in Australian dollars are:

$907 for 23 Season

$915 Mar 24 Contract – 23 Season 

$807 for 2024 season

$718 for 2025 season

 $672 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, 15 November 2023

The Mar 2024 contract settled at:  27.18 US c/b 

The Australian Dollar currently trades at: 65.07 cents.

Forward indicative prices in Australian dollars are: 

$908 for 23 Season

$916 Mar 24 Contract – 23 Season

$805 for 2024 season 

 $715 for 2025 season       

 $671 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, 14 November 2023

The Mar 2024 contract settled at:  27.71 US c/b

The Australian Dollar currently trades at: 63.77 cents.

Forward indicative prices in Australian dollars are:

$945 for 23 Season

$953 Mar 24 Contract – 23 Season 

$833 for 2024 season

$735 for 2025 season         

$685 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, 13 November 2023 

The Mar 2024 contract settled at:  27.29 US c/b 

The Australian Dollar currently trades at: 63.58 cents. 

Forward indicative prices in Australian dollars are: 

$928 for 23 Season 

$936 Mar 24 Contract – 23 Season 

$823 for 2024 season 

$728 for 2025 season           

$680 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, 10 November 2023 

The Mar 2024 contract settled at:  27.78 US c/b 

The Australian Dollar currently trades at: 63.67 cents. 

Forward indicative prices in Australian dollars are: 

$944 for 23 Season 

$952 Mar 24 Contract – 23 Season 

$835 for 2024 season 

$735 for 2025 season           

$687 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, 9 November 2023 

The Mar 2024 contract settled at:  27.21 US c/b 

The Australian Dollar currently trades at: 64.02 cents. 

Forward indicative prices in Australian dollars are: 

$924 for 23 Season 

$932 Mar 24 Contract – 23 Season 

$818 for 2024 season 

$722 for 2025 season           

$678 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.