Category: Daily Sugar Price

Tuesday, 20 December 2022

The March 2023 contract settled at:  20.14 US c/b

The Australian Dollar currently trades at: 67.00 US cents.

Forward indicative prices in Australian dollars are:

*$653 for Mar Contract 2023 season

$660 for 2022 season

$580 for 2023 season

           $536 for 2024 season

            $512 for 2025 season

$495 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Monday, 19 December 2022 

The May 2022 contract settled at:  20.09 US c/b 

The Australian Dollar currently trades at: 66.88 US cents. 

Forward indicative prices in Australian dollars are: 

*$665 for May Contract 2023 season 

$648 for 2022 season 

$573 for 2023 season 

$531 for 2024 season           

$508 for 2025 season 

$492 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Thursday, 15 December 2022 

The March 2023 contract settled at:  19.98 US c/b 

The Australian Dollar currently trades at: 67.03 US cents. 

Forward indicative prices in Australian dollars are: 

*$651 for Mar Contract 2023 season 

$644 for 2022 season 

$574 for 2023 season 

$529 for 2024 season           

$506 for 2025 season 

$490 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Thursday, 15 December 2022

The March 2023 contract settled at:  20.29 US c/b

The Australian Dollar currently trades at: 68.64 US cents.

Forward indicative prices in Australian dollars are:

*$642 for Mar Contract 2023 season

$649 for 2022 season 

$567 for 2023 season

  $520 for 2024 season       

 $497 for 2025 season

$481 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Wednesday, 14 December 2022

The March 2023 contract settled at:  19.76 US c/b

The Australian Dollar currently trades at: 68.55 US cents.

Forward indicative prices in Australian dollars are:

*$622 for Mar Contract 2023 season

$622 for 2022 season

$558 for 2023 season

           $518 for 2024 season        

            $497 for 2025 season

$482 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Tuesday, 13 December 2022

The March 2023 contract settled at:  19.38 US c/b

The Australian Dollar currently trades at: 67.45 US cents.

Forward indicative prices in Australian dollars are:

*$623 for Mar Contract 2023 season

 $629 for 2022 season

$563 for 2023 season                                                                                                                                                                                                                                                                                     $525 for 2024 season    

 $505 for 2025 season

$490 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Monday, 12 December 2022 

The March 2023 contract settled at:  19.60 US c/b 

The Australian Dollar currently trades at: 67.80 US cents. 

Forward indicative prices in Australian dollars are: 

*$633 for Mar Contract 2023 season 

$626 for 2022 season 

$561 for 2023 season 

$520 for 2024 season           

$500 for 2025 season 

$484 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Friday, 9 December 2022 

The March 2023 contract settled at:  19.68 US c/b 

The Australian Dollar currently trades at: 67.69 US cents.

Forward indicative prices in Australian dollars are: 

*$636 for Mar Contract 2023 season 

$630 for 2022 season 

$563 for 2023 season 

$522 for 2024 season           

$501 for 2025 season 

$486 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Thursday, 8 December 2022

The March 2023 contract settled at:  19.48 US c/b

The Australian Dollar currently trades at: 67.25 US cents.

Forward indicative prices in Australian dollars are:

*$627 for Mar Contract 2023 season

$634 for 2022 season

$573 for 2023 season

          $524 for 2024 season                                                                                                                                                                                                                                                                          $505 for 2025 season

$489 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Wednesday, 7 December 2022

The March 2023 contract settled at:  19.39 US c/b

The Australian Dollar currently trades at: 66.88 US cents.

Forward indicative prices in Australian dollars are:

*$629 for Mar Contract 2023 season

$635 for 2022 season 

$566 for 2023 season

$529 for 2024 season         

 $510 for 2025 season

$494 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/mt 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 reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons