Daily Sugar Price – 24th March 2020

Tuesday, 24 March 2020

The March 2020 contract settled at: 11.04 US c/lb
The Australian Dollar currently trades at: 58.38 US cents

Forward indicative prices in Australian dollars are:

*$415 for May Contract – 2019 season

$415 for 2019 season

$422 for 2020 season

$439 for 2021 season

$455 for 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.

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Information sourced from QSL.