Category: Daily Sugar Price

Monday, 17 April 2023

The May 2023 contract settled at:  24.10 US c/b 

The Australian Dollar currently trades at: 66.54 US cents. 

Forward indicative prices in Australian dollars are: 

*$792 for May Contract 2022 season 

$792 for 2022 season 

$746 for 2023 season 

$649 for 2024 season           

$579 for 2025 season 

$528 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 April 2023 

The May 2023 contract settled at:  24.04 US c/b 

The Australian Dollar currently trades at: 66.54 US cents. 

Forward indicative prices in Australian dollars are: 

*$779 for May Contract 2022 season 

$779 for 2022 season 

$736 for 2023 season 

$648 for 2024 season           

$569 for 2025 season 

$519 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 April 2023 

The May 2023 contract settled at:  24.05 US c/b 

The Australian Dollar currently trades at: 66.54 US cents.

Forward indicative prices in Australian dollars are:

*$788 for May Contract 2022 season

$788 for 2022 season

$742 for 2023 season

 $639 for 2024 season           

 $569 for 2025 season

 $518 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, 12 April 2023

The May 2023 contract settled at:  24.37 US c/b

The Australian Dollar currently trades at: 66.54 US cents.

Forward indicative prices in Australian dollars are:

*$804 for May Contract 2022 season

$804 for 2022 season

$756 for 2023 season

$644 for 2024 season     

$567 for 2025 season

$511 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 April 2023

The May 2023 contract settled at:  23.56 US c/b

The Australian Dollar currently trades at: 66.41 US cents.

Forward indicative prices in Australian dollars are:

*$783 for May Contract 2022 season

$783 for 2022 season

$741 for 2023 season

 $631 for 2024 season     

 $556 for 2025 season

 $520 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, 6 April 2023

The May 2023 contract settled at:  22.95 US c/b

The Australian Dollar currently trades at: 67.20 US cents.

Forward indicative prices in Australian dollars are:

*$750 for May Contract 2022 season

$750 for 2022 season

$712 for 2023 season

  $610 for 2024 season     

 $557 for 2025 season

 $550 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 April 2023

The May 2023 contract settled at:  22.47 US c/b

The Australian Dollar currently trades at: 67.51 US cents.

Forward indicative prices in Australian dollars are:

*$731 for May Contract 2022 season

$731 for 2022 season

$695 for 2023 season

 $599 for 2024 season       

 $546 for 2025 season

  $506 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 April 2023 

The May 2023 contract settled at:  22.40 US c/b 

The Australian Dollar currently trades at: 67.86 US cents. 

Forward indicative prices in Australian dollars are: 

*$726 for May Contract 2022 season 

$726 for 2022 season 

$688 for 2023 season 

$595 for 2024 season           

$542 for 2025 season 

$505 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, 31 March 2023 

The May 2023 contract settled at:  21.96 US c/b 

The Australian Dollar currently trades at: 67.12 US cents. 

Forward indicative prices in Australian dollars are: 

*$719 for May Contract 2022 season 

$719 for 2022 season 

$680 for 2023 season 

$595 for 2024 season           

$541 for 2025 season 

$500 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, 30 March 2023

The May 2023 contract settled at:  21.25 US c/b

The Australian Dollar currently trades at: 67.09 US cents.

Forward indicative prices in Australian dollars are:

*$698 for May Contract 2022 season

$698 for 2022 season

$664 for 2023 season

  $589 for 2024 season

  $541 for 2025 season

 $505 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.