Friday, 20 March 2020
The March 2020 contract settled at: 10.59 US c/lb
The Australian Dollar currently trades at: 57.43 US cents
Forward indicative prices in Australian dollars are:
*$405 for May Contract – 2019 season
$405 for 2019 season
$415 for 2020 season
$433 for 2021 season
$445 for 2022 season
(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 0:0:0:6 ratio across the remaining contracts.
For Growers who have chosen to roll 2019 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently $ 3.81.
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Information sourced from QSL.