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Kalamia Cane Growers & Kalagro / KCGO News / Industry Information / QFF Media Release / QFF Media Release – Farmers remain in the dark ahead of tariff transition deadline

QFF Media Release – Farmers remain in the dark ahead of tariff transition deadline

May 10, 2021 Kalagro

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QFF Media Release

Tue 23 Apr 2024

Price effective Wednesday, 24th April 2024

DIESEL – $1.83619 including GST

UNLEADED – $1.89670 including GST

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

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Tue 23 Apr 2024

Tuesday, 23 April 2024

The May 2024 contract settled at: 19.80 US c/lb

The Australian Dollar currently trades at: 64.50 cents

Forward indicative prices in Australian dollars are:

$674 for 23 Season

$674 May 24 Contract – 23 Season

$666 for 2024 season

$642 for 2025 season

$624 for 2026 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes gross actual 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 Target Price Contract price currently reflects a 0:3:2:1 pricing ratio for the 2023 Season across the four applicable futures contracts, and a 1:2:2:1 ratio in the 2024, 2025 and 2026 Seasons.

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