Daily Sugar Price

Tuesday, 22 November 2022

The March 2023 contract settled at:  19.86 US c/b

The Australian Dollar currently trades at: 66.05 US cents.

Forward indicative prices in Australian dollars are:

*$653 for Mar Contract 2023 season 

$659 for 2022 season

$580 for 2023 season

 $529 for 2024 season        

 $504 for 2025 season

$485 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

Daily Sugar Price

Monday, 21 November 2022 

The March 2023 contract settled at:  20.05 US c/b 

The Australian Dollar currently trades at: 66.59 US cents. 

Forward indicative prices in Australian dollars are: 

*$658 for Mar Contract 2023 season 

$639 for 2022 season 

$575 for 2023 season 

$522 for 2024 season           

$497 for 2025 season 

$479 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

Daily Sugar Price

Friday, 18 November 2022 

The March 2023 contract settled at:  19.73 US c/b 

The Australian Dollar currently trades at: 66.85 US cents. 

Forward indicative prices in Australian dollars are: 

*$645 for Mar Contract 2023 season 

$639 for 2022 season 

$569 for 2023 season 

$516 for 2024 season           

$491 for 2025 season 

$473 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

Daily Sugar Price

Thursday, 17 November 2022 

The March 2023 contract settled at:  20.27 US c/b 

The Australian Dollar currently trades at: 67.41 US cents.

Forward indicative prices in Australian dollars are: 

*$657 for Mar Contract 2023 season 

$650 for 2022 season 

$574 for 2023 season 

$518 for 2024 season           

$491 for 2025 season 

$473 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

Daily Sugar Price

Wednesday, 16 November 2022 

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

The Australian Dollar currently trades at: 67.56 US cents. 

Forward indicative prices in Australian dollars are: 

*$657 for Mar Contract 2023 season 

$651 for 2022 season 

$577 for 2023 season 

$525 for 2024 season           

$501 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

Daily Sugar Price

Tuesday, 15 November 2022

The May 2022 contract settled at:  19.83 US c/b

The Australian Dollar currently trades at: 67.02 US cents.

Forward indicative prices in Australian dollars are:

*$641 for Oct Contract 2022 season

$647 for 2022 season

$576 for 2023 season

  $527 for 2024 season      

$504 for 2025 season

$487 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

Daily Sugar Price

Monday, 14 November 2022 

The May 2022 contract settled at:  19.64 US c/b 

The Australian Dollar currently trades at: 66.64 US cents. 

Forward indicative prices in Australian dollars are: 

*$634 for Oct Contract 2022 season 

$634 for 2022 season 

$569 for 2023 season 

$521 for 2024 season           

 $497 for 2025 season 

$478 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

Daily Sugar Price

Friday, 11 November 2022 

The May 2022 contract settled at:  19.41 US c/b 

The Australian Dollar currently trades at: 66.19 US cents. 

Forward indicative prices in Australian dollars are: 

*$635 for Oct Contract 2022 season 

$635 for 2022 season 

$572 for 2023 season 

$530 for 2024 season           

$507 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

Daily Sugar Price

Tuesday, 8 November 2022

The May 2022 contract settled at:  18.68 US c/b

The Australian Dollar currently trades at: 64.79 US cents.

Forward indicative prices in Australian dollars are:

*$624 for Oct Contract 2022 season

$629 for 2022 season

$573 for 2023 season

 $548 for 2024 season  

 $531 for 2025 season

$517 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

Daily Sugar Price

Monday, 7 November 2022 

The May 2022 contract settled at:  18.71 US c/b 

The Australian Dollar currently trades at: 64.21 US cents. 

Forward indicative prices in Australian dollars are: 

*$631 for Oct Contract 2022 season 

$631 for 2022 season 

$581 for 2023 season 

$553 for 2024 season           

$536 for 2025 season 

$522 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