Friday, 29 January 2021

The March 2021 contract settled at: 15.59 US c/lb

The Australian Dollar currently trades at: 76.83 US cents

Forward indicative prices in Australian dollars are:

* $445 for Mar Contract – 2020 season

$442 for 2020 season
$411 for 2021 season
$371 for 2022 season
$355 for 2023 season

The 2020 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining two 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 $9.43

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Information sourced from QSL