Day: August 13, 2020

Thursday, 13 August 2020

The October 2020 contract settled at: 12.84 US c/lb

The Australian Dollar currently trades at: 71.62 US cents

Forward indicative prices in Australian dollars are:

* $393 for Oct Contract – 2020 season

$400 for 2020 season
$384 for 2021 season
$367 for 2022 season
$358 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 3:2:1 ratio across the remaining three contracts.

For Growers who have chosen to roll 2020 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $0.58.

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Information sourced from QSL