REMINDER – PRE-ORDERS FOR FUEL

REMINDER – PRE-ORDERS FOR FUEL – DUE BY THE 23RD DECEMBER 2021

Just a reminder to all Kalagro customers that the KCGO office will be closed from 4.30pm – Thursday, 23rd December  2021

and will re-open 8.30am – Monday, 10th January 2021.

Pre-orders for fuel during this period will be taken up to the 23rd December 2021.

Fuel Delivery Dates are as follows:

Wednesday, 29th December 2021

Wednesday, 5th January 2022

Friday, 7th January 2022

Monday, 10th January 2022

To avoid a fuel shortage during our office closure Christmas/New Year period,

please pre-order by contacting the Kalamia Cane Growers office before the close of business, Thursday, 23rd December 2021.

Daily Sugar Price

Monday, 20 December 2021

The March 2021 contract settled at:  19.11 US c/b

The Australian Dollar currently trades at: 71.46 US cents.

Forward indicative prices in Australian dollars are:

 

*$588 for Mar Contract 2021 season

$586 for 2021 season

$557 for 2022 season

$505 for 2023 season           

$481 for 2024 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.

 

Daily Sugar Price

Friday, 17 December 2021

The March 2021 contract settled at:  19.40 US c/b

The Australian Dollar currently trades at: 71.84 US cents.

Forward indicative prices in Australian dollars are:

*$590 for Mar Contract 2021 season

$588 for 2021 season

$562 for 2022 season

$503 for 2023 season           

$477 for 2024 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements. The Target Price Contract reflects the price of a 5:1 ratio across the remaining applicable futures contracts for the 2021 season and a 1:2:2:1 ratio across the four applicable futures contracts for the 2022 and 2023 Seasons.