Daily Sugar Price

Monday, 22 March 2021

The May 2021 contract settled at:  15.76 US c/lb

The Australian Dollar currently trades at:  77.09 US cents

Forward indicative prices in Australian dollars are:

 

* $449 for May Contract – 2020 season

 

$449 for 2020 season

$438 for 2021 season

$405 for 2022 season

$384 for 2023 season

 

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two contracts, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

 

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

 

 

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Information sourced from QSL