Category: Daily Sugar Price

Wednesday, 8 November 2023

The Mar 2024 contract settled at:  27.59 US c/b

The Australian Dollar currently trades at: 64.39 cents.

Forward indicative prices in Australian dollars are:

$929 for 23 Season

$937 Mar 24 Contract – 23 Season

$826 for 2024 season

$730 for 2025 season          

 $684 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, 7 November 2023

The Mar 2024 contract settled at:  27.95 US c/b

The Australian Dollar currently trades at: 64.89 cents.

Forward indicative prices in Australian dollars are:

$936 for 23 Season

$944 Mar 24 Contract – 23 Season

$829 for 2024 season

$728 for 2025 season      

$681 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, 6 November 2023 

The Mar 2024 contract settled at:  27.77 US c/b 

The Australian Dollar currently trades at: 65.09 cents. 

Forward indicative prices in Australian dollars are: 

$926 for 23 Season 

$935 Mar 24 Contract – 23 Season 

$817 for 2024 season 

$716 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.

Friday, 3 November 2023 

The Mar 2024 contract settled at:  27.48 US c/b 

The Australian Dollar currently trades at: 64.34 cents. 

Forward indicative prices in Australian dollars are: 

$931 for 23 Season 

$939 Mar 24 Contract – 23 Season 

$823 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.

Thursday, 2 November 2023

The Mar 2024 contract settled at:  27.51 US c/b

The Australian Dollar currently trades at: 63.93 cents.

Forward indicative prices in Australian dollars are:

$941 for 23 Season

$949 Mar 24 Contract – 23 Season 

$831 for 2024 season

 $727 for 2025 season         

 $684 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, 1 November 2023

The Mar 2024 contract settled at:  27.09 US c/lb

The Australian Dollar currently trades at: 63.37 cents 

Forward indicative prices in Australian dollars are:

$930 for 23 Season

$939 Mar 24 Contract – 23 Season

$824 for 2024 season

 $722 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.

Tuesday, 31 October 2023

The Mar 2024 contract settled at:  26.75 US c/b

The Australian Dollar currently trades at: 63.75 cents.

Forward indicative prices in Australian dollars are:

$910 for 23 Season

$918 Mar 24 Contract – 23 Season

$815 for 2024 season

 $718 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.

Monday, 30 October 2023 

The Mar 2024 contract settled at:  27.34 US c/b 

The Australian Dollar currently trades at: 63.46 cents.

Forward indicative prices in Australian dollars are: 

$936 for 23 Season 

$945 Mar 24 Contract – 23 Season 

$829 for 2024 season 

$723 for 2025 season           

$673 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, 27 October 2023 

The Mar 2024 contract settled at:  27.04 US c/b 

The Australian Dollar currently trades at: 63.22 cents. 

Forward indicative prices in Australian dollars are: 

$931 for 23 Season 

$939 Mar 24 Contract – 23 Season 

$830 for 2024 season 

$725 for 2025 season           

$673 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, 26 October 2023

The Mar 2024 contract settled at:  27.63 US c/b

The Australian Dollar currently trades at: 63.09 cents.

Forward indicative prices in Australian dollars are:

$953 for 23 Season

$961 Mar 24 Contract – 23 Season 

$845 for 2024 season

 $733 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.