Category: Daily Sugar Price

Friday, 25 August 2023

The May 2022 contract settled at:  24.29 US c/b 

The Australian Dollar currently trades at: 64.17 US cents. 

Forward indicative prices in Australian dollars are: 

*$826 for Oct Contract 2023 season 

$830 for 2023 season 

$740 for 2024 season           

$649 for 2025 season 

$618 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, 24 August 2023 

The May 2022 contract settled at:  23.85 US c/b 

The Australian Dollar currently trades at: 64.80 US cents. 

Forward indicative prices in Australian dollars are: 

*$807 for Oct Contract 2023 season 

$811 for 2023 season 

$727 for 2024 season           

$644 for 2025 season 

$615 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, 23 August 2023 

The May 2022 contract settled at:  23.40 US c/b 

The Australian Dollar currently trades at: 64.23 US cents. 

Forward indicative prices in Australian dollars are: 

*$795 for Oct Contract 2023 season 

$799 for 2023 season 

$719 for 2024 season           

$639 for 2025 season 

$612 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, 22 August 2023 

The May 2022 contract settled at:  23.40 US c/b 

The Australian Dollar currently trades at: 64.14 US cents. 

Forward indicative prices in Australian dollars are: 

*$799 for Oct Contract 2023 season 

 $803 for 2023 season 

$719 for 2024 season           

$640 for 2025 season 

$614 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, 21 August 2023 

The Oct 2023 contract settled at:  23.76 US c/b 

The Australian Dollar currently trades at: 63.97 cents. 

Forward indicative prices in Australian dollars are: 

$810 for 23 Season 

$814 Oct Contract 23 Season 

$726 for 2024 season 

$642 for 2025 season           

$613 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, 18 August 2023 

The Oct 2023 contract settled at:  24.00 US c/b 

The Australian Dollar currently trades at: 64.04 cents. 

Forward indicative prices in Australian dollars are: 

$816 for 23 Season 

$821 Oct Contract 23 Season 

$725 for 2024 season 

$641 for 2025 season           

$612 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, 17 August 2023 

The Oct 2023 contract settled at:  24.19 US c/b 

The Australian Dollar currently trades at: 64.19 cents. 

Forward indicative prices in Australian dollars are: 

$820 for 23 Season 

$826 Oct Contract 23 Season 

$725 for 2024 season 

$640 for 2025 season           

$613 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, 16 August 2023 

The Oct 2023 contract settled at:  23.77 US c/b 

The Australian Dollar currently trades at: 64.57 cents. 

Forward indicative prices in Australian dollars are: 

$804 for 23 Season 

$810 Oct Contract 23 Season 

$714 for 2024 season 

$635 for 2025 season           

$611 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, 15 August 2023 

The Oct 2023 contract settled at:  24.05 US c/b 

The Australian Dollar currently trades at: 64.87 cents. 

Forward indicative prices in Australian dollars are: 

$807 for 23 Season 

$813 Oct Contract 23 Season 

$717 for 2024 season 

$636 for 2025 season           

$612 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, 14 August 2023 

The Oct 2023 contract settled at:  24.33 US c/b 

The Australian Dollar currently trades at: 65.22 cents. 

Forward indicative prices in Australian dollars are: 

$816 for 23 Season 

$822 Oct Contract 23 Season 

$720 for 2024 season 

$636 for 2025 season           

$610 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.