Daily Sugar Price

 

Thursday, 8 October 2020

 

The October 2020 contract settled at:  14.14 US c/lb

The Australian Dollar currently trades at:  71.39 US cents

Forward indicative prices in Australian dollars are:

 

* $433 for Mar Contract – 2020 season

$415 for 2020 season

$406 for 2021 season

$378 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