Daily Sugar Price

Wednesday, 16 June 2021

The July 2021 contract settled at:  17.05 US c/lb

The Australian Dollar currently trades at:  76.87 US cents

Forward indicative prices in Australian dollars are:

* $488 for July Contract – 2021 season

 

$490 for 2021 season

$446 for 2022 season

$399 for 2023 season

$365 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Daily Sugar Price

Tuesday, 15 June 2021

The July 2021 contract settled at:  17.29 US c/lb

The Australian Dollar currently trades at:  77.12 US cents

Forward indicative prices in Australian dollars are:

* $493 for July Contract – 2021 season

 

$493 for 2021 season

$450 for 2022 season

$403 for 2023 season

$367 for 2024 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 2020 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Proudly brought to you by Kalagro Limited

Information sourced from QSL