Category: Daily Sugar Price

Wednesday, 4 December 2024

The July 2024 contract settled at:  21.37 US c/lb

The Australian Dollar currently trades at: 64.86 cents

Forward indicative prices in Australian dollars are:

$725 March 25 Contract

$717 for 2024 season

$644 for 2025 season

$594 for 2026 season

$573 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, 3 December 2024

The July 2024 contract settled at:  21.07 US c/lb

The Australian Dollar currently trades at: 64.75 cents

Forward indicative prices in Australian dollars are:

$715 March 25 Contract

$707 for 2024 season

$637 for 2025 season

$589 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.

Monday, 2 December 2024 

The July 2024 contract settled at:  21.08 US c/lb 

The Australian Dollar currently trades at: 65.22 cents 

Forward indicative prices in Australian dollars are: 

$712 March 25 Contract 

$705 for 2024 season 

$636 for 2025 season           

$585 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.

Friday, 29 November 2024 

The July 2024 contract settled at:  21.69 US c/lb 

The Australian Dollar currently trades at: 64.99 cents 

Forward indicative prices in Australian dollars are: 

$732 March 25 Contract 

$725 for 2024 season 

$653 for 2025 season           

$601 for 2026 season           

$576 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, 28 November 2024

The July 2024 contract settled at:  21.69 US c/lb

The Australian Dollar currently trades at: 64.97 cents

Forward indicative prices in Australian dollars are:

$733 March 25 Contract

$725 for 2024 season

$653 for 2025 season

$602 for 2026 season

$577 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, 27 November 2024

The July 2024 contract settled at:  21.57 US c/lb

The Australian Dollar currently trades at: 64.75 cents

Forward indicative prices in Australian dollars are:

$733 March 25 Contract

$726 for 2024 season

$656 for 2025 season

$610 for 2026 season

$588 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, 26 November 2024

The July 2024 contract settled at:  21.15 US c/lb

The Australian Dollar currently trades at: 65.04 cents

Forward indicative prices in Australian dollars are:

$714 March 25 Contract

$707 for 2024 season

$643 for 2025 season

$607 for 2026 season

$587 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, 25 November 2024 

The July 2024 contract settled at:  21.36 US c/lb 

The Australian Dollar currently trades at: 65.32 cents 

Forward indicative prices in Australian dollars are: 

$719 March 25 Contract 

$711 for 2024 season 

$643 for 2025 season           

$600 for 2026 season           

$576 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, 22 November 2024 

The July 2024 contract settled at:  21.38 US c/lb 

The Australian Dollar currently trades at: 65.11 cents 

Forward indicative prices in Australian dollars are: 

$? March 25 Contract 

$713 for 2024 season 

$643 for 2025 season           

$601 for 2026 season           

$579 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, 20 November 2024 

The July 2024 contract settled at:  22.02 US c/lb 

The Australian Dollar currently trades at: 65.32 cents 

Forward indicative prices in Australian dollars are: 

$741 March 25 Contract 

$732 for 2024 season 

$655 for 2025 season           

$603 for 2026 season           

$576 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.