Daily Sugar Price

Wednesday, 16 June 2021

The July 2021 contract settled at:  17.05 US c/lb

The Australian Dollar currently trades at:  76.87 US cents


Forward indicative prices in Australian dollars are:

* $488 for July Contract – 2021 season


$490 for 2021 season

$446 for 2022 season

$399 for 2023 season

$365 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.


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Information sourced from QSL