Daily Sugar Price

 

Tuesday, 23 March 2021

The May 2021 contract settled at:  15.53 US c/lb

The Australian Dollar currently trades at:  77.46 US cents

Forward indicative prices in Australian dollars are:

* $440 for May Contract – 2020 season

$440 for 2020 season

$433 for 2021 season

$400 for 2022 season

$376 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, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL