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Kalamia Cane Growers & Kalagro / KCGO News / Industry Information / Media Release – Indian Sugar Subsidies

Media Release – Indian Sugar Subsidies

November 19, 2018 Kalagro

Media Release – Indian Sugar Subsidies

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Daily Sugar Price
QSL Weekly Update
Sat 31 Jul 2021

Price effective – Monday, 2nd August 2021

DIESEL – $1.33879 including GST

UNLEADED – $1.41590 including GST

To place orders, please contact the Kalamia Cane Growers office.

Sat 31 Jul 2021

Friday, 30 July 2021

The Oct 2021 contract settled at:  18.30 US c/lb

The Australian Dollar currently trades at:  73.96 US cents

 

Forward indicative prices in Australian dollars are:

* $544 for Oct Contract – 2021 season

 

$546 for 2021 season

$488 for 2022 season

$425 for 2023 season

$383 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.

 

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Information sourced from QSL

 

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