Daily Sugar Price

Friday, 2 October 2020

 

The October 2020 contract settled at:  13.58 US c/lb

 

The Australian Dollar currently trades at:  71.85 US cents

 

Forward indicative prices in Australian dollars are:

  

* $415 for Mar Contract – 2020 season

$413 for 2020 season

$392 for 2021 season

$367 for 2022 season

$362 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.

 

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 $9.43

 

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Information sourced from QSL