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
