Daily Sugar Price

Friday, 4 November 2022 

The May 2022 contract settled at:  18.47 US c/b 

The Australian Dollar currently trades at: 62.89 US cents. 

Forward indicative prices in Australian dollars are: 

*$636 for Oct Contract 2022 season 

$636 for 2022 season 

$583 for 2023 season 

$555 for 2024 season           

$539 for 2025 season 

$526 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, 3 November 2022

The May 2022 contract settled at:  18.47 US c/b

The Australian Dollar currently trades at: 63.52 US cents.

Forward indicative prices in Australian dollars are:

*$629 for Oct Contract 2022 season

$635 for 2022 season

$579 for 2023 season

  $557 for 2024 season          

$539 for 2025 season 

$524 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, 2 November 2022

The May 2022 contract settled at:  18.43 US c/b

The Australian Dollar currently trades at: 63.95 US cents.

Forward indicative prices in Australian dollars are:

*$622 for Oct Contract 2022 season

$628 for 2022 season

$570 for 2023 season

$548 for 2024 season

$533 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/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, 1 November 2022

The May 2022 contract settled at:  17.97 US c/b

The Australian Dollar currently trades at: 63.12 US cents.

Forward indicative prices in Australian dollars are:

*$608 for Oct Contract 2022 season

$587 for 2022 season

$555 for 2023 season

 $537 for 2024 season

 $523 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, 31 October 2022 

The May 2022 contract settled at:  17.58 US c/b 

The Australian Dollar currently trades at: 64.06 US cents. 

Forward indicative prices in Australian dollars are: 

*$598 for Oct Contract 2022 season 

$598 for 2022 season 

$553 for 2023 season 

$536 for 2024 season           

$524 for 2025 season

$513 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, 28 October 2022 

The May 2022 contract settled at:  17.71 US c/b 

The Australian Dollar currently trades at: 64.52 US cents. 

Forward indicative prices in Australian dollars are: 

*$595 for Oct Contract 2022 season 

$595 for 2022 season 

$552 for 2023 season 

$534 for 2024 season           

$521 for 2025 season 

$510 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, 27 October 2022 

The May 2022 contract settled at:  17.86 US c/b 

The Australian Dollar currently trades at: 64.97 US cents. 

Forward indicative prices in Australian dollars are:

 

*$596 for Oct Contract 2022 season 

$596 for 2022 season 

$552 for 2023 season 

$529 for 2024 season           

$516 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/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, 26 October 2022 

The May 2022 contract settled at:  18.11 US c/b 

The Australian Dollar currently trades at: 63.94 US cents. 

Forward indicative prices in Australian dollars are: 

*$613 for Oct Contract 2022 season 

$613 for 2022 season 

$568 for 2023 season 

$540 for 2024 season           

$525 for 2025 season 

$512 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, 25 October 2022 

The May 2022 contract settled at:  18.13 US c/b 

The Australian Dollar currently trades at: 63.12 US cents. 

Forward indicative prices in Australian dollars are: 

*$622 for Oct Contract 2022 season 

$622 for 2022 season 

$579 for 2023 season 

$548 for 2024 season           

$530 for 2025 season 

$516 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, 24 October 2022 

The May 2022 contract settled at:  18.38 US c/b 

The Australian Dollar currently trades at: 63.59 US cents. 

Forward indicative prices in Australian dollars are: 

*$623 for Oct Contract 2022 season

$623 for 2022 season

$580 for 2023 season

$544 for 2024 season        

$522 for 2025 season 

$507 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