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QSL 2018 Season Product Range – Nominations and Options

Kalagro

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“Wilmar Growers – 2018 Season

Growers who have chosen QSL as their marketer for the 2018 Season now have until 30 April 2018 to finalise their QSL Pricing Nominations for the 2018 Season. Details regarding QSL’s pricing options for the 2018 Season are featured below.

QSL 2018-SEASON PRODUCT RANGE

QSL has made a number of improvements to its pricing products and services for the coming season.

MORE TIME TO MAKE YOUR POOL NOMINATIONS

Following feedback from Growers, QSL has pushed the 2018-Season Pricing Declaration Date back from the traditional deadline of late February to 30 April 2018. This later deadline gives Growers an additional two months to assess how their 2018 crop is shaping up before they have to finalise their nominations to QSL’s pools. Nominations for the 2018-Season QSL-managed pools will be accepted from 1 March 2018, however growers keen to get pricing using the QSL Target Price Pool or QSL Individual Futures Contract Pool can nominate tonnes and start pricing using these grower-managed pricing products at any time.

MORE TIME TO CHANGE YOUR MIND

Growers who have elected to use the QSL Target Price Pool for the 2018 Season but have not achieved their targets, now also have until 30 April 2018 to take up the option to transfer their unfilled orders to other QSL pools. Growers in QSL’s Individual Futures Contract Pool can also transfer unfilled 2018-Season orders from this product to other QSL pools by 30 April 2018, as long as they have not priced any portion of their nominated tonnage.

NEW PRODUCT – EARLY-START ACTIVELY MANAGED POOL

QSL appreciate that their new later Pricing Declaration Date gives the QSL Actively Managed Pool less time to price its nominated tonnage. To counter this and provide an option for growers who’d prefer to keep a longer pricing window, QSL have introduced an additional pool – the QSL Early-Start Actively Managed Pool – which, as its name suggests, starts pricing two months earlier than the standard QSL Actively Managed Pool.  To participate in this pool during the 2018 Season, growers just need to make your pool nomination by 28 February 2018. Just like the standard QSL Actively Managed Pool, the QSL Early-Start Actively Managed Pool is an in-season Committed Pool and has a minimum tonnage nomination of 10 metric tonnes. read more

KALAMIA MEMBERS – CRUSHING UPDATE

Kalagro

KALAMIA MEMBERS – CRUSHING UPDATE – STARTING TIMES

On Thursday 8 June, we reviewed feedback from harvesting groups and determined that:

·         Crushing will commence at Kalamia on Wednesday 14 June

·         Crushing will commence at Pioneer on Friday June 16.

·         Cane supply availability at Invicta and Inkerman will be reviewed through next week to confirm start dates. Crushing will not commence at these mills before June 19.

 From a cane supply point of view this means that:

·         Harvesting will commence at Kalamia and Invicta on Wednesday 14 June. Invicta suppliers will need to burn conservatively and in consultation with Wilmar staff as their access to Kalamia milling capacity will reduce as more Kalamia groups come online.

·         Harvesting will commence at Pioneer on Thursday 15 June. Burning of cane should not commence at Pioneer until ground conditions have been confirmed by harvesters operating at Kalamia and Invicta on Wednesday.

 We will review the supply situation again Tuesday 13 June and will provide another update by Wednesday morning.

Kind regards,

 Steve Postma

Cane Supply Manager