Category: Daily Sugar Price

Thursday, 1 December 2022 

The March 2023 contract settled at:  19.63 US c/b

The Australian Dollar currently trades at: 67.88 US cents.

Forward indicative prices in Australian dollars are:

*$627 for Mar Contract 2023 season

$632 for 2022 season

$546 for 2023 season

   $522 for 2024 season       

  $502 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/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

Wednesday, 30 November 2022

The March 2023 contract settled at:  19.53 US c/b

The Australian Dollar currently trades at: 66.88 US cents.

Forward indicative prices in Australian dollars are:

*$632 for Mar Contract 2023 season

$638 for 2022 season

$568 for 2023 season

  $525 for 2024 season       

 $506 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/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

Tuesday, 29 November 2022

The March 2023 contract settled at:  19.38 US c/b

The Australian Dollar currently trades at: 66.5 US cents.

Forward indicative prices in Australian dollars are:

*$632 for Mar Contract 2023 season

$638 for 2022 season

$571 for 2023 season

  $526 for 2024 season                                                                                                                                                                                                                                                                                  $508 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/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

Monday, 28 November 2022 

The March 2023 contract settled at:  19.33 US c/b 

The Australian Dollar currently trades at: 67.32 US cents. 

Forward indicative prices in Australian dollars are: 

*$628 for Mar Contract 2023 season 

$622 for 2022 season 

$565 for 2023 season 

$523 for 2024 season           

$507 for 2025 season 

$493 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

Friday, 25 November 2022 

The March 2023 contract settled at:  19.55 US c/b 

The Australian Dollar currently trades at: 67.64 US cents. 

Forward indicative prices in Australian dollars are: 

*$633 for Mar Contract 2023 season 

$627 for 2022 season 

$563 for 2023 season 

$514 for 2024 season           

$490 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

Thursday, 24 November 2022

The March 2023 contract settled at:  19.55 US c/b

The Australian Dollar currently trades at: 67.43 US cents.

Forward indicative prices in Australian dollars are:

*$630 for Mar Contract 2023 season

$636 for 2022 season

$565 for 2023 season

 $516 for 2024 season      

$492 for 2025 season

$475 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

Tuesday, 22 November 2022

The March 2023 contract settled at:  19.74 US c/b

The Australian Dollar currently trades at: 66.49 US cents.

Forward indicative prices in Australian dollars are:

$642 for Mar Contract 2023 season

$649 for 2022 season

$575 for 2023 season

$524 for 2024 season        

$499 for 2025 season

$481 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

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

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

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