Category: Daily Sugar Price

Monday, 9 October 2023 

The Mar 2024 contract settled at:  26.74 US c/b 

The Australian Dollar currently trades at: 63.71 cents. 

Forward indicative prices in Australian dollars are: 

$913 for 23 Season 

$921 Mar 24 Contract – 23 Season 

$811 for 2024 season 

$704 for 2025 season           

$653 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, 6 October 2023 

The Mar 2024 contract settled at:  26.16 US c/b 

The Australian Dollar currently trades at: 63.70 cents.

Forward indicative prices in Australian dollars are: 

$892 for 23 Season 

$900 Mar 24 Contract – 23 Season 

$800 for 2024 season 

$695 for 2025 season           

$645 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, 5 October 2023 

The Mar 2024 contract settled at:  25.93 US c/b 

The Australian Dollar currently trades at: 63.25 cents. 

Forward indicative prices in Australian dollars are: 

$888 for 23 Season 

$895 Mar 24 Contract – 23 Season 

$802 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.

Wednesday, 4 October 2023

The Oct 2023 contract settled at:  25.67 US c/b

The Australian Dollar currently trades at: 63.02 cents.

Forward indicative prices in Australian dollars are:

$878 for 23 Season

$985 Oct Contract 23 Season

$798 for 2024 season

 $695 for 2025 season      

  $640 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, 3 October 2023

The Oct 2023 contract settled at:  26.35 US c/b

The Australian Dollar currently trades at: 63.63 cents.

Forward indicative prices in Australian dollars are:

$899 for 23 Season

$906 Oct Contract 23 Season

$808 for 2024 season 

 $703 for 2025 season     

 $645 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, 29 September 2023 

The Oct 2023 contract settled at:  26.73 US c/b 

The Australian Dollar currently trades at: 64.27 cents. 

Forward indicative prices in Australian dollars are: 

$911 for 23 Season 

$915 Oct Contract 23 Season 

$809 for 2024 season 

$696 for 2025 season           

$642 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, 28 September 2023

The Oct 2023 contract settled at:  26.13 US c/b

The Australian Dollar currently trades at: 63.53 cents.

Forward indicative prices in Australian dollars are:

$899 for 23 Season

$902 Oct Contract 23 Season

$806 for 2024 season

 $699 for 2025 season    

 $648 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, 27 September 2023

The Oct 2023 contract settled at:  26.02 US c/b

The Australian Dollar currently trades at: 63.97 cents.

Forward indicative prices in Australian dollars are:

$887 for 23 Season

$892 Oct Contract 23 Season

$797 for 2024 season

  $699 for 2025 season   

 $651 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, 26 September 2023

The Oct 2023 contract settled at:  26.31 US c/b

The Australian Dollar currently trades at: 64.24 cents.

Forward indicative prices in Australian dollars are:

$896 for 23 Season

$900 Oct Contract 23 Season

$799 for 2024 season

 $663 for 2025 season        

$645 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.

Monday, 25 September 2023 

The Oct 2023 contract settled at:  26.97 US c/b 

The Australian Dollar currently trades at: 64.51 cents. 

Forward indicative prices in Australian dollars are: 

$917 for 23 Season 

$920 Oct Contract 23 Season 

$806 for 2024 season 

$691 for 2025 season           

$641 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.