Category: Daily Sugar Price

Friday, 21 July 2023 

The Oct 2023 contract settled at:  24.67 US c/b 

The Australian Dollar currently trades at: 67.79 US cents. 

Forward indicative prices in Australian dollars are: 

$789 for 23 Season 

$798 Oct Contract 23 Season 

$693 for 2024 season 

$609 for 2025 season           

$566 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, 20 July 2023

The May 2023 contract settled at:  24.21 US c/b

The Australian Dollar currently trades at: 67.72 US cents.

Forward indicative prices in Australian dollars are: 

$784 for 23 Season

$776 Oct Contract 23 Season

$683 for 2024 season

 $609 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.

Wednesday, 19 July 2023 

The May 2023 contract settled at:  23.86 US c/b

The Australian Dollar currently trades at: 68.11 US cents.

Forward indicative prices in Australian dollars are:

$761 for 23 Season

$767 Oct Contract 23 Season

$675 for 2024 season

$604 for 2025 season   

$567 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, 18 July 2023

The May 2023 contract settled at:  23.80 US c/b

The Australian Dollar currently trades at: 68.16 US cents.

Forward indicative prices in Australian dollars are:

$758 for 23 Season

$765 Oct Contract 23 Season

$674 for 2024 season

 $603 for 2025 season    

 $567 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, 17 July 2023 

The May 2023 contract settled at:  24.32 US c/b 

The Australian Dollar currently trades at: 68.40 US cents. 

Forward indicative prices in Australian dollars are: 

$773 for 23 Season 

$780 Oct Contract 23 Season 

$683 for 2024 season 

$604 for 2025 season           

$563 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, 14 July 2023 

The May 2023 contract settled at:  24.01 US c/b 

The Australian Dollar currently trades at: 68.89 US cents. 

Forward indicative prices in Australian dollars are: 

$758 for 23 Season 

$765 Oct Contract 23 Season 

$676 for 2024 season 

$603 for 2025 season           

$564 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, 13 July 2023

The May 2023 contract settled at:  23.91 US c/b

The Australian Dollar currently trades at: 67.87 US cents.

Forward indicative prices in Australian dollars are:

$765 for 23 Season

$772 Jul Contract 23 Season

$684 for 2024 season

$611 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.

Tuesday, 11 July 2023

The May 2023 contract settled at:  23.44 US c/b

The Australian Dollar currently trades at: 66.53 US cents.

Forward indicative prices in Australian dollars are:

$760 for 23 Season

$767 Jul Contract 23 Season

$676 for 2024 season

$618 for 2025 season      

$587 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, 10 July 2023 

The May 2023 contract settled at:  23.53 US c/b 

The Australian Dollar currently trades at: 66.53 US cents. 

Forward indicative prices in Australian dollars are: 

$762 for 23 Season 

$770 Jul Contract 23 Season 

$678 for 2024 season 

$621 for 2025 season           

$559 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, 7 July 2023 

The May 2023 contract settled at:  23.25 US c/b 

The Australian Dollar currently trades at: 66.26 US cents. 

Forward indicative prices in Australian dollars are: 

$763 for 23 Season 

$772 Jul Contract 23 Season 

$679 for 2024 season 

$626 for 2025 season           

$596 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.