Category: Daily Sugar Price

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.

Wednesday, 8 June 2022

The May 2022 contract settled at:  18.97 US c/b

The Australian Dollar currently trades at: 72.32 US cents.

Forward indicative prices in Australian dollars are:

*$585 for July Contract 2022 season 

$576 for 2022 season

$566 for 2023 season

 $542 for 2024 season         

 $522 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.

Tuesday, 7 June 2022

The May 2022 contract settled at:  19.56 US c/b

The Australian Dollar currently trades at: 71.93 US cents.

Forward indicative prices in Australian dollars are: 

*$603 for July Contract 2022 season

$597 for 2022 season

$578 for 2023 season

 $549 for 2024 season      

 $521 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, 6 June 2022 

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

The Australian Dollar currently trades at: 72.19 US cents. 

Forward indicative prices in Australian dollars are: 

*$590 for July Contract 2022 season 

$596 for 2022 season 

$572 for 2023 season 

$544 for 2024 season           

$518 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, 3 June 2022 

The May 2022 contract settled at:  19.35 US c/b 

The Australian Dollar currently trades at: 72.65 US cents. 

Forward indicative prices in Australian dollars are: 

*$584 for July Contract 2022 season 

$590 for 2022 season 

$565 for 2023 season 

$536 for 2024 season           

$510 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, 2 June 2022

The May 2022 contract settled at:  19.44 US c/b

The Australian Dollar currently trades at: 71.75 US cents.

Forward indicative prices in Australian dollars are:

*$599 for July Contract 2022 season

$594 for 2022 season

$573 for 2023 season

 $542 for 2024 season

 $514 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.

Wednesday, 1 June 2022

The May 2022 contract settled at:  19.40 US c/lb

The Australian Dollar currently trades at: 71.77 US cents.

Forward indicative prices in Australian dollars are:

*$597 for July Contract 2022 season

$592 for 2022 season

$571 for 2023 season

  $544 for 2024 season     

 $520 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.

Tuesday, 31 May 2022 

The May 2022 contract settled at:  19.61 US c/b 

The Australian Dollar currently trades at: 71.96 US cents.

 Forward indicative prices in Australian dollars are: 

*$601 for July Contract 2022 season 

$604 for 2022 season 

$573 for 2023 season 

$545 for 2024 season           

$520 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, 30 May 2022 

The May 2022 contract settled at:  19.61 US c/b 

The Australian Dollar currently trades at: 71.65 US cents. 

Forward indicative prices in Australian dollars are: 

*$607 for July Contract 2022 season 

$609 for 2022 season 

$574 for 2023 season 

$548 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.

Friday, 27 May 2022 

The May 2022 contract settled at:  19.54 US c/b 

The Australian Dollar currently trades at: 70.98 US cents. 

Forward indicative prices in Australian dollars are: 

*$605 for July Contract 2022 season 

$609 for 2022 season 

$579 for 2023 season 

$551 for 2024 season           

$526 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.