KCGO Member Notice – Fuel Robberies

KCGO Member Notice – Warning – FUEL ROBBERIES

Please note:

KCGO Members are being asked to be vigilant with the fuel tanks on their properties.

A member had two thousand litres stolen the other night.

Cameras surrounding the fuel tank area were taken as well.

With the rising of fuel prices, similar incidences are highly likely. 

We ask members to lock everything of value on their properties.

Dave Paine

KCGO Manager

Daily Sugar Price

Monday, 6 June 2022 

 

The May 2022 contract settled at:  19.29 US c/b 

The Australian Dollar currently trades at: 72.19 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$590 for July Contract 2022 season 

$596 for 2022 season 

$572 for 2023 season 

$544 for 2024 season           

$518 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.