Category: Daily Sugar Price

Wednesday, 4 September 2024

The July 2024 contract settled at:  19.49 US c/lb

The Australian Dollar currently trades at: 67.11 cents

Forward indicative prices in Australian dollars are:

$638 October 24 Contract

$638 for 2024 season

$596 for 2025 season

$564 for 2026 season

$553 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Tuesday, 3 September 2024

The July 2024 contract settled at:  19.38 US c/lb

The Australian Dollar currently trades at: 67.91 cents

Forward indicative prices in Australian dollars are:

$632 October 24 Contract

$631 for 2024 season

$591 for 2025 season

$561 for 2026 season

$551 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Monday, 2 September 2024 

The July 2024 contract settled at:  19.38 US c/lb 

The Australian Dollar currently trades at: 67.73 cents 

Forward indicative prices in Australian dollars are: 

$631 October 24 Contract 

$632 for 2024 season

$591 for 2025 season           

$561 for 2026 season           

$551 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Friday, 30 August 2024 

The July 2024 contract settled at:  19.89 US c/lb 

The Australian Dollar currently trades at: 67.98 cents 

Forward indicative prices in Australian dollars are: 

$642 October 24 Contract 

$643 for 2024 season 

$596 for 2025 season           

$558 for 2026 season           

$546 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Thursday, 29 August 2024

The July 2024 contract settled at:  19.54 US c/lb

The Australian Dollar currently trades at: 67.85 cents

Forward indicative prices in Australian dollars are:

$633 October 24 Contract

$633 for 2024 season

$594 for 2025 season       

$564 for 2026 season           

$555 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Wednesday, 28 August 2024

The July 2024 contract settled at:  19.60 US c/lb

The Australian Dollar currently trades at: 67.93 cents

Forward indicative prices in Australian dollars are:

$634 October 24 Contract

$634 for 2024 season

$593 for 2025 season

$563 for 2026 season

$554 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Tuesday, 27 August 2024

The July 2024 contract settled at:  19.04 US c/lb

The Australian Dollar currently trades at: 67.72 cents

Forward indicative prices in Australian dollars are:

$619 October 24 Contract

$619 for 2024 season

$585 for 2025 season

$565 for 2026 season

$559 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Monday, 26 August 2024 

The July 2024 contract settled at:  18.39 US c/lb 

The Australian Dollar currently trades at: 67.97 cents

Forward indicative prices in Australian dollars are: 

$595 October 24 Contract 

$594 for 2024 season 

$568 for 2025 season           

$557 for 2026 season           

$557 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Friday, 23 August 2024 

The July 2024 contract settled at:  17.85 US c/lb 

The Australian Dollar currently trades at: 67.44 cents

Forward indicative prices in Australian dollars are: 

$586 October 24 Contract 

$585 for 2024 season 

$566 for 2025 season           

$561 for 2026 season

$561 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

Thursday, 22 August 2024 

The July 2024 contract settled at:  17.65 US c/lb 

The Australian Dollar currently trades at: 67.44 cents 

Forward indicative prices in Australian dollars are: 

$578 October 24 Contract 

$577 for 2024 season 

$560 for 2025 season           

$557 for 2026 season           

$558 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.