Category: Daily Sugar Price

Friday, 19 May 2023 

The May 2022 contract settled at:  25.61 US c/b 

The Australian Dollar currently trades at: 66.22 US cents. 

Forward indicative prices in Australian dollars are: 

*$849 for July Contract 2023 season 

$821 for 2023 season 

$703 for 2024 season           

$621 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, 18 May 2023

The May 2023 contract settled at:  25.91 US c/b

The Australian Dollar currently trades at: 66.60 US cents.

Forward indicative prices in Australian dollars are:

$823 for 23 Season

$851 Jul Contract 23 Season

$700 for 2024 season

 $615 for 2025 season         

 $557 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, 17 May 2023

The May 2023 contract settled at:  26.07 US c/b

The Australian Dollar currently trades at: 66.56 US cents.

Forward indicative prices in Australian dollars are:

$831 for 23 Season

$860 Jul Contract 23 Season

$701 for 2024 season

  $614 for 2025 season     

  $554 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, 16 May 2023

The May 2023 contract settled at:  26.29 US c/b

The Australian Dollar currently trades at: 67.00 US cents.

Forward indicative prices in Australian dollars are:

$831 for 23 Season

$860 Jul Contract 23 Season

$704 for 2024 season

$617 for 2025 season    

$557 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, 15 May 2023 

The May 2023 contract settled at:  26.22 US c/b 

The Australian Dollar currently trades at: 66.59 US cents. 

Forward indicative prices in Australian dollars are: 

$865 for 23 Season 

$835 Jul Contract 23 Season 

$706 for 2024 season 

$619 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, 12 May 2023 

The May 2023 contract settled at:  26.02 US c/b 

The Australian Dollar currently trades at: 67.02 US cents. 

Forward indicative prices in Australian dollars are: 

$854 for 23 Season 

$825 Jul Contract 23 Season 

$699 for 2024 season 

$613 for 2025 season           

$554 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, 11 May 2023

The May 2023 contract settled at:  26.19 US c/b

The Australian Dollar currently trades at: 67.62 US cents.

Forward indicative prices in Australian dollars are:

$832 for 23 Season 

$862 Jul Contract 23 Season

$699 for 2024 season

  $614 for 2025 season    

  $553 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, 10 May 2023

The May 2023 contract settled at:  26.19 US c/b

The Australian Dollar currently trades at: 67.62 US cents.

Forward indicative prices in Australian dollars are:

$820 for 23 Season

$849 Jul Contract 23 Season

$689 for 2024 season

 $596 for 2025 season

 $531 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, 9 May 2023 

The May 2023 contract settled at:  26.09 US c/b

The Australian Dollar currently trades at: 67.83 US cents. 

Forward indicative prices in Australian dollars are: 

$842 for 23 Season 

$813 Jul Contract 23 Season 

$681 for 2024 season 

$587 for 2025 season           

$521 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, 8 May 2023

The May 2023 contract settled at:  26.32 US c/b 

The Australian Dollar currently trades at: 67.48 US cents. 

Forward indicative prices in Australian dollars are: 

$858 for 23 Season 

$828 Jul Contract 23 Season 

$693 for 2024 season 

$596 for 2025 season           

$529 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.