Daily Sugar Price

 

Wednesday, 16 December 2020

The March 2021 contract settled at:  14.21 US c/lb

The Australian Dollar currently trades at:  75.59 US cents

Forward indicative prices in Australian dollars are:

* $410 for Mar Contract – 2020 season

$413 for 2020 season

$388 for 2021 season

$375 for 2022 season

$361 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.

For Growers who have chosen to roll 2020 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $9.43

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Information sourced from QSL