Daily Sugar Price

Friday, 4 October 2024

The July 2024 contract settled at:  23.24 US c/lb

The Australian Dollar currently trades at: 68.40 cents

Forward indicative prices in Australian dollars are:

$747 March 25 Contract

$738 for 2024 season

$641 for 2025 season

$574 for 2026 season

$547 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Thursday, 3 October 2024

The July 2024 contract settled at:  22.68 US c/lb

The Australian Dollar currently trades at: 68.85 cents

Forward indicative prices in Australian dollars are:

$724 March 25 Contract

$716 for 2024 season

$631 for 2025 season

$572 for 2026 season

$548 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Wednesday, 2 October 2024

The July 2024 contract settled at:  22.97 US c/lb

The Australian Dollar currently trades at: 68.83 cents

Forward indicative prices in Australian dollars are:

$734 March 25 Contract

$726 for 2024 season

$637 for 2025 season

$575 for 2026 season

$550 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Tuesday, 1 October 2024

The July 2024 contract settled at:  22.67 US c/lb

The Australian Dollar currently trades at: 69.13 cents

Forward indicative prices in Australian dollars are:

$715 March 25 Contract

$707 for 2024 season

$630 for 2025 season        

$574 for 2026 season

$550 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Monday, 30 September 2024

The July 2024 contract settled at:  22.79 US c/lb

The Australian Dollar currently trades at: 69.12 cents

Forward indicative prices in Australian dollars are:

$719 March 25 Contract

$712 for 2024 season

$634 for 2025 season        

$574 for 2026 season           

$551 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Friday, 27 September 2024

The July 2024 contract settled at:  23.31 US c/lb

The Australian Dollar currently trades at: 68.96 cents

Forward indicative prices in Australian dollars are:

$741 March 25 Contract

$732 for 2024 season

$642 for 2025 season

$577 for 2026 season

$552 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Thursday, 26 September 2024

The July 2024 contract settled at:  23.42 US c/lb

The Australian Dollar currently trades at: 68.23 cents

Forward indicative prices in Australian dollars are:

$754 March 25 Contract

$745 for 2024 season

$647 for 2025 season

$582 for 2026 season

$557 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Wednesday, 25 September 2024

The July 2024 contract settled at:  23.12 US c/lb

The Australian Dollar currently trades at: 68.92 cents

Forward indicative prices in Australian dollars are:

$739 March 25 Contract

$731 for 2024 season

$638 for 2025 season

$576 for 2026 season

$554 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Tuesday, 24 September 2024

The July 2024 contract settled at:  22.61 US c/lb

The Australian Dollar currently trades at: 68.38 cents

Forward indicative prices in Australian dollars are:

$730 March 25 Contract

$722 for 2024 season

$637 for 2025 season

$580 for 2026 season           

$562 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Daily Sugar Price

Monday, 23 September 2024 

The July 2024 contract settled at:  22.66 US c/lb 

The Australian Dollar currently trades at: 68.05 cents

 Forward indicative prices in Australian dollars are: 

$732 October 24 Contract 

$724 for 2024 season 

$632 for 2025 season           

$578 for 2026 season           

$562 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.