Day: October 7, 2020

Wednesday, 7 October 2020 

The October 2020 contract settled at:  13.88 US c/lb

The Australian Dollar currently trades at:  71.02 US cents 

Forward indicative prices in Australian dollars are:

* $427 for Mar Contract – 2020 season

$429 for 2020 season

$406 for 2021 season

$382 for 2022 season

$368 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