Day: September 3, 2020

Daily Sugar Price

Kalagro

 

Thursday, 3 September 2020

 

The October 2020 contract settled at:  12.44 US c/lb

 The Australian Dollar currently trades at:  73.38 US cents

 Forward indicative prices in Australian dollars are:

 
372 for Oct Contract – 2020 season

381 for 2020 season

$384 for 2021 season

$364 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