Category: Daily Sugar Price

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.

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.