DAILY SUGAR PRICE – 18 MARCH 2020

Wednesday, 18 March 2020

The March 2020 contract settled at: 10.89 US c/lb
The Australian Dollar currently trades at: 59.99 US cents

Forward indicative prices in Australian dollars are:

*$398 for May Contract – 2019 season

$398 for 2019 season

$411 for 2020 season

$429 for 2021 season

$450 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.

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Information sourced from QSL.