Category: Daily Sugar Price

Wednesday, 29 March 2023

The May 2023 contract settled at:  21.31 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

$662 for 2023 season

 $585 for 2024 season    

  $537 for 2025 season

 $501 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, 28 March 2023

The May 2023 contract settled at:  20.93 US c/b

The Australian Dollar currently trades at: 66.51 US cents.

Forward indicative prices in Australian dollars are:

*$694 for May Contract 2022 season

$694 for 2022 season

$658 for 2023 season

 $583 for 2024 season  

 $534 for 2025 season

 $497 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.

Monday, 27 March 2023 

The May 2023 contract settled at:  20.82 US c/b 

The Australian Dollar currently trades at: 66.52 US cents. 

Forward indicative prices in Australian dollars are: 

*$687 for May Contract 2022 season 

$687 for 2022 season 

$652 for 2023 season 

$575 for 2024 season           

$527 for 2025 season 

$491 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, 24 March 2023

The May 2023 contract settled at:  20.89 US c/b 

The Australian Dollar currently trades at: 66.84 US cents. 

Forward indicative prices in Australian dollars are: 

*$686 for May Contract 2022 season 

$686 for 2022 season 

$650 for 2023 season 

$574 for 2024 season           

$525 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/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, 23 March 2023 

The May 2023 contract settled at:  21.14 US c/b 

The Australian Dollar currently trades at: 66.85 US cents. 

Forward indicative prices in Australian dollars are: 

*$696 for May Contract 2022 season 

$696 for 2022 season 

$655 for 2023 season 

$577 for 2024 season           

$528 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/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, 22 March 2023

The May 2023 contract settled at:  20.80 US c/b 

The Australian Dollar currently trades at: 66.69 US cents. 

Forward indicative prices in Australian dollars are: 

*$684 for May Contract 2022 season 

$684 for 2022 season 

$649 for 2023 season 

$576 for 2024 season           

$527 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/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, 21 March 2023 

The May 2023 contract settled at:  20.48 US c/b 

The Australian Dollar currently trades at: 67.18 US cents.

Forward indicative prices in Australian dollars are: 

*$670 for May Contract 2022 season 

$670 for 2022 season 

$637 for 2023 season 

$567 for 2024 season           

$519 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/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.

Monday, 20 March 2023 

The May 2023 contract settled at:  20.67 US c/b 

The Australian Dollar currently trades at: 66.97 US cents. 

Forward indicative prices in Australian dollars are: 

*$675 for May Contract 2022 season 

$675 for 2022 season 

$641 for 2023 season 

$569 for 2024 season           

$519 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/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, 17 March 2023 

The May 2023 contract settled at:  20.76 US c/b

The Australian Dollar currently trades at: 66.56 US cents. 

Forward indicative prices in Australian dollars are: 

*$685 for May Contract 2022 season 

$685 for 2022 season 

$649 for 2023 season 

$574 for 2024 season           

$523 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/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, 16 March 2023 

The May 2023 contract settled at:  20.50 US c/b 

The Australian Dollar currently trades at: 66.19 US cents. 

Forward indicative prices in Australian dollars are: 

*$683 for May Contract 2022 season 

$683 for 2022 season 

$649 for 2023 season 

$577 for 2024 season           

$526 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/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.