Month: May 2022

Tuesday, 31 May 2022 

The May 2022 contract settled at:  19.61 US c/b 

The Australian Dollar currently trades at: 71.96 US cents.

 Forward indicative prices in Australian dollars are: 

*$601 for July Contract 2022 season 

$604 for 2022 season 

$573 for 2023 season 

$545 for 2024 season           

$520 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Monday, 30 May 2022 

The May 2022 contract settled at:  19.61 US c/b 

The Australian Dollar currently trades at: 71.65 US cents. 

Forward indicative prices in Australian dollars are: 

*$607 for July Contract 2022 season 

$609 for 2022 season 

$574 for 2023 season 

$548 for 2024 season           

$524 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

Friday, 27 May 2022 

The May 2022 contract settled at:  19.54 US c/b 

The Australian Dollar currently trades at: 70.98 US cents. 

Forward indicative prices in Australian dollars are: 

*$605 for July Contract 2022 season 

$609 for 2022 season 

$579 for 2023 season 

$551 for 2024 season           

$526 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.