Friday, 16 October 2020

The March 2021 contract settled at: 14.18 US c/lb

The Australian Dollar currently trades at: 70.94 US cents

Forward indicative prices in Australian dollars are:

* $439 for Mar Contract – 2020 season

$436 for 2020 season
$405 for 2021 season
$383 for 2022 season
$372 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

Proudly brought to you by Kalagro Limited
Information sourced from QS