Wednesday, 9 September 2020
The October 2020 contract settled at: 12.04 US c/lb
The Australian Dollar currently trades at: 72.14 US cents
Forward indicative prices in Australian dollars are:
* $366 for Oct Contract – 2020 season
$374 for 2020 season
$378 for 2021 season
$363 for 2022 season
$360 for 2023 season
The 2020 Target Price Contract reflects a whole-of-season weighted average in a 3:2:1 ratio across the remaining three contracts.
For Growers who have chosen to roll 2020 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $10.88
Proudly brought to you by Kalagro Limited
Information sourced from QSL