Category: Daily Sugar Price

Friday, 11 August 2023 

The Oct 2023 contract settled at:  23.95 US c/b 

The Australian Dollar currently trades at: 65.28 cents. 

Forward indicative prices in Australian dollars are: 

$797 for 23 Season 

$803 Oct Contract 23 Season 

$711 for 2024 season 

$634 for 2025 season           

$609 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, 9 August 2023 

The Oct 2023 contract settled at:  23.45 US c/b 

The Australian Dollar currently trades at: 65.44 cents. 

Forward indicative prices in Australian dollars are: 

$783 for 23 Season 

$788 Oct Contract 23 Season 

$700 for 2024 season 

$626 for 2025 season           

$605 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, 8 August 2023 

The Oct 2023 contract settled at:  23.74 US c/b 

The Australian Dollar currently trades at: 65.74 cents. 

Forward indicative prices in Australian dollars are: 

$787 for 23 Season 

$793 Oct Contract 23 Season 

$700 for 2024 season 

$624 for 2025 season           

$602 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, 7 August 2023 

The Oct 2023 contract settled at:  23.69 US c/b 

The Australian Dollar currently trades at: 65.66 cents. 

Forward indicative prices in Australian dollars are: 

$782 for 23 Season 

$789 Oct Contract 23 Season 

$697 for 2024 season 

$620 for 2025 season           

$593 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, 4 August 2023 

The Oct 2023 contract settled at:  24.02 US c/b 

The Australian Dollar currently trades at: 65.51 cents. 

Forward indicative prices in Australian dollars are:

$794 for 23 Season

$800 Oct Contract 23 Season 

$703 for 2024 season 

$620 for 2025 season           

$591 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, 3 August 2023

The Oct 2023 contract settled at:  24.20 US c/b

The Australian Dollar currently trades at: 65.38 cents.

Forward indicative prices in Australian dollars are:

$807 for 23 Season

$813 Oct Contract 23 Season

$713 for 2024 season

 $628 for 2025 season           

 $597 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, 2 August 2023

The Oct 2023 contract settled at:  24.39 US c/b

The Australian Dollar currently trades at: 66.13 US cents.

Forward indicative prices in Australian dollars are:

$802 for 23 Season

$809 Oct Contract 23 Season

$708 for 2024 season

 $623 for 2025 season     

 $588 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, 1 August 2023 

The Oct 2023 contract settled at:  24.11 US c/b 

The Australian Dollar currently trades at: 67.17 US cents. 

Forward indicative prices in Australian dollars are: 

$782 for 23 Season 

$789 Oct Contract 23 Season 

$693 for 2024 season 

$614 for 2025 season           

$571 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, 31 July 2023 

The Oct 2023 contract settled at:  23.92 US c/b 

The Australian Dollar currently trades at: 66.66 US cents. 

Forward indicative prices in Australian dollars are: 

$782 for 23 Season 

$788 Oct Contract 23 Season 

$698 for 2024 season 

$619 for 2025 season           

$577 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, 28 July 2023 

The Oct 2023 contract settled at:  24.43 US c/b 

The Australian Dollar currently trades at: 67.09 US cents. 

Forward indicative prices in Australian dollars are: 

$789 for 23 Season 

$795 Oct Contract 23 Season 

$700 for 2024 season 

$620 for 2025 season           

$577 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.