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Kalamia Cane Growers & Kalagro / KCGO News / Wilmar / Wilmar Sugar Market Update – with Peter Bingham

Wilmar Sugar Market Update – with Peter Bingham

August 12, 2021 Kalagro

Wilmar Sugar Market Update – with Peter Bingham

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Wilmar Sugar Outlook Update
Daily Sugar Price
Sun 24 Nov 2024

Price effective Monday, 25th November 2024

DIESEL – $1.65574 including GST

UNLEADED – $1.62048 including GST

To place orders, please contact the Kalamia Cane Growers office.

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Sun 24 Nov 2024

Friday, 22 November 2024 

The July 2024 contract settled at:  21.38 US c/lb 

The Australian Dollar currently trades at: 65.11 cents 

Forward indicative prices in Australian dollars are: 

$? March 25 Contract 

$713 for 2024 season 

$643 for 2025 season           

$601 for 2026 season           

$579 for 2027 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 2024 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2025, 2026 and 2027 Seasons.

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