Category: Daily Sugar Price

Wednesday, 25 October 2023

The Mar 2024 contract settled at:  27.53 US c/b

The Australian Dollar currently trades at: 63.55 cents.

Forward indicative prices in Australian dollars are: 

$943 for 23 Season

$951 Mar 24 Contract – 23 Season

$835 for 2024 season

 $724 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.

Tuesday, 24 October 2023

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

The Australian Dollar currently trades at: 63.36 cents.

Forward indicative prices in Australian dollars are:

$941 for 23 Season

$939 Mar 24 Contract – 23 Season 

$832 for 2024 season

$725 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.

Monday, 23 October 2023 

The Mar 2024 contract settled at:  26.85 US c/b 

The Australian Dollar currently trades at: 63.23 cents. 

Forward indicative prices in Australian dollars are: 

$923 for 23 Season 

$931 Mar 24 Contract – 23 Season 

$822 for 2024 season 

$724 for 2025 season           

$677 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, 20 October 2023 

The Mar 2024 contract settled at:  27.27 US c/b 

The Australian Dollar currently trades at: 63.29 cents.

Forward indicative prices in Australian dollars are: 

$931 for 23 Season 

$939 Mar 24 Contract – 23 Season 

$827 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.

Thursday, 19 October 2023

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

The Australian Dollar currently trades at: 63.36 cents.

Forward indicative prices in Australian dollars are:

$939 for 23 Season

$947 Mar 24 Contract – 23 Season

$833 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.

Wednesday, 18 October 2023

The Mar 2024 contract settled at:  27.47 US c/b

The Australian Dollar currently trades at: 63.65cents 

Forward indicative prices in Australian dollars are:

$936 for 23 Season

$944 Mar 24 Contract – 23 Season

$828 for 2024 season 

$714 for 2025 season          

$659 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, 13 October 2023 

The Mar 2024 contract settled at:  26.35 US c/b 

The Australian Dollar currently trades at: 63.14cents. 

Forward indicative prices in Australian dollars are: 

$907 for 23 Season 

$914 Mar 24 Contract – 23 Season 

$816 for 2024 season 

$714 for 2025 season           

$665 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, 12 October 2023

The Mar 2024 contract settled at:  26.40 US c/b

The Australian Dollar currently trades at: 64.14cents.

Forward indicative prices in Australian dollars are:

$892 for 23 Season

$899 Mar 24 Contract – 23 Season

$801 for 2024 season

 $697 for 2025 season          

 $649 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.

Wednesday, 11 October 2023

The Mar 2024 contract settled at:  27.05 US c/b

The Australian Dollar currently trades at: 64.32 cents. 

Forward indicative prices in Australian dollars are:

$915 for 23 Season

$923 Mar 24 Contract – 23 Season

$814 for 2024 season

 $700 for 2025 season     

  $647 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.

Tuesday, 10 October 2023 

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

The Australian Dollar currently trades at: 64.11 cents

Forward indicative prices in Australian dollars are:

$923 for 23 Season

$931 Mar 24 Contract – 23 Season

$814 for 2024 season

  $699 for 2025 season       

 $646 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.