Daily Sugar Price


Tuesday, 21 February 2023

The March 2023 contract settled at:  21.41 US c/b

The Australian Dollar currently trades at: 69.08 US cents.

Forward indicative prices in Australian dollars are:

*$681 for Mar Contract 2023 season

$672 for 2022 season

$603 for 2023 season

 $541 for 2024 season  

 $507 for 2025 season

 $485 for 2026 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes gross actual 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 Target Price Contract price currently reflects a 0:3:2:1 pricing ratio for the 2022 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2023, 2024 and 2025 Seasons.