Category: Daily Sugar Price

Thursday, 23 June 2022

The May 2022 contract settled at:  18.45 US c/b

The Australian Dollar currently trades at: 69.27 US cents 

Forward indicative prices in Australian dollars are:

*$588 for July Contract 2022 season

$586 for 2022 season

$572 for 2023 season

 $547 for 2024 season          

 $531 for 2025 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, 21 June 2022

The May 2022 contract settled at:  18.60 US c/b

The Australian Dollar currently trades at: 69.51 US cents.

Forward indicative prices in Australian dollars are:

*$593 for July Contract 2022 season 

$588 for 2022 season

$575 for 2023 season

$550 for 2024 season     

$535 for 2025 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, 20 June 2022 

The May 2022 contract settled at:  18.60 US c/b 

The Australian Dollar currently trades at: 69.27 US cents. 

Forward indicative prices in Australian dollars are: 

*$590 for July Contract 2022 season 

$595 for 2022 season 

$576 for 2023 season 

$554 for 2024 season           

$535 for 2025 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, 17 June 2022 

The May 2022 contract settled at:  18.58 US c/b 

The Australian Dollar currently trades at: 70.47 US cents. 

Forward indicative prices in Australian dollars are: 

*$580 for July Contract 2022 season 

$584 for 2022 season 

$568 for 2023 season 

$546 for 2024 season           

$531 for 2025 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, 16 June 2022

The May 2022 contract settled at:  18.46 US c/b

The Australian Dollar currently trades at: 70.03 US cents.

Forward indicative prices in Australian dollars are:

*$584 for July Contract 2022 season

$578 for 2022 season

$569 for 2023 season

 $546 for 2024 season  

 $531 for 2025 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, 15 June 2022

The May 2022 contract settled at:  18.70 US c/b

The Australian Dollar currently trades at: 68.71 US cents.

Forward indicative prices in Australian dollars are: 

*$601 for July Contract 2022 season

$596 for 2022 season

$581 for 2023 season

$557 for 2024 season           

$537 for 2025 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, 14 June 2022

The May 2022 contract settled at:  18.71 US c/lb 

The Australian Dollar currently trades at: 69.24 US cents.

Forward indicative prices in Australian dollars are:

*$600 for July Contract 2022 season

$593 for 2022 season

$581 for 2023 season

 $555 for 2024 season       

 $534 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons

Monday, 13 June 2022 

The May 2022 contract settled at:  18.87 US c/b 

The Australian Dollar currently trades at: 70.31 US cents. 

Forward indicative prices in Australian dollars are: 

*$588 for July Contract 2022 season 

$596 for 2022 season 

$576 for 2023 season 

$552 for 2024 season           

$534 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Friday, 10 June 2022 

The May 2022 contract settled at:  19.29 US c/b 

The Australian Dollar currently trades at: 70.98 US cents. 

Forward indicative prices in Australian dollars are: 

*$598 for July Contract 2022 season 

$606 for 2022 season 

$583 for 2023 season 

$554 for 2024 season           

$530 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Thursday, 9 June 2022

The May 2022 contract settled at:  18.98 US c/b

The Australian Dollar currently trades at: 71.94 US cents.

Forward indicative prices in Australian dollars are:

*$588 for July Contract 2022 season

$579 for 2022 season

$569 for 2023 season

 $545 for 2024 season       

 $524 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes 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 reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.