Friday, 12 March 2021

The May 2021 contract settled at: 16.36 US c/lb

The Australian Dollar currently trades at: 77.90 US cents

Forward indicative prices in Australian dollars are:

* $461 for May Contract – 2020 season

$461 for 2020 season
$443 for 2021 season
$399 for 2022 season
$376 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, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

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Information sourced from QSL