Category: Daily Sugar Price

Thursday, 6 July 2023

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

The Australian Dollar currently trades at: 66.55 US cents.

Forward indicative prices in Australian dollars are:

$768 for 23 Season 

$777 Jul Contract 23 Season

$685 for 2024 season

 $631 for 2025 season       

 $598 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, 5 July 2023 

The May 2023 contract settled at:  23.32 US c/b

The Australian Dollar currently trades at: 66.92 US cents.

Forward indicative prices in Australian dollars are:

$758 for 23 Season

$767 Jul Contract 23 Season

$687 for 2024 season

 $636 for 2025 season

 $604 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, 4 July 2023 

The May 2023 contract settled at:  23.32 US c/b 

The Australian Dollar currently trades at: 66.72 US cents. 

Forward indicative prices in Australian dollars are: 

$759 for 23 Season 

$768 Jul Contract 23 Season 

$686 for 2024 season 

$636 for 2025 season           

$604 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, 3 July 2023 

The May 2023 contract settled at:  22.79 US c/b 

The Australian Dollar currently trades at: 66.52 US cents. 

Forward indicative prices in Australian dollars are: 

$745 for 23 Season 

$753 Jul Contract 23 Season 

$680 for 2024 season 

$634 for 2025 season           

$606 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, 30 June 2023 

The May 2023 contract settled at:  22.08 US c/b 

The Australian Dollar currently trades at: 66.16 US cents. 

Forward indicative prices in Australian dollars are: 

$728 for 23 Season 

$734 Jul Contract 23 Season 

$670 for 2024 season 

$621 for 2025 season           

$590 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, 29 June 2023

The May 2023 contract settled at:  22.57 US c/b 

The Australian Dollar currently trades at: 66.00 US cents. 

Forward indicative prices in Australian dollars are: 

$743 for 23 Season 

$751 Jul Contract 23 Season 

$684 for 2024 season 

$627 for 2025 season           

$590 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, 27 June 2023

The May 2023 contract settled at:  23.72 US c/b

The Australian Dollar currently trades at: 67.56 US cents.

Forward indicative prices in Australian dollars are:

$769 for 23 Season

$781 Jul Contract 23 Season

$704 for 2024 season

 $636 for 2025 season

 $589 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, 26 June 2023 

The May 2023 contract settled at:  24.18 US c/b 

The Australian Dollar currently trades at: 67.56 US cents. 

Forward indicative prices in Australian dollars are: 

$792 for 23 Season 

$803 Jul Contract 23 Season 

$720 for 2024 season 

$644 for 2025 season           

$594 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, 23 June 2023 

The May 2023 contract settled at:  24.93 US c/b

The Australian Dollar currently trades at: 67.56 US cents. 

Forward indicative prices in Australian dollars are: 

$803 for 23 Season 

$813 Jul Contract 23 Season 

$718 for 2024 season 

$640 for 2025 season           

$590 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, 22 June 2023 

The May 2023 contract settled at:  25.88 US c/b 

The Australian Dollar currently trades at: 67.97 US cents. 

Forward indicative prices in Australian dollars are: 

$822 for 23 Season 

$836 Jul Contract 23 Season 

$721 for 2024 season 

$634 for 2025 season           

$584 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.