Daily Sugar Price – 9th January 2020

Thursday, 9 January 2020

The July 2019 contract settled at: 13.47 US c/lb

The Australian Dollar currently trades at: 68.66 US cents

Forward indicative prices in Australian dollars are:

*$429 for March Contract – 2019 season

$429 for 2019 season

$441 for 2020 season

$444 for 2021 season

$444 or 2022 season

(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.

For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)

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Information sourced from QSL.