Estimates and start dates for Burdekin Mills

Mill Tonnes Milling
Invicta 3,085,290
Pioneer 1,578,730
Kalamia 1,612,308
Inkerman 1,698,650
TOTAL 7,974,978
  • Start date 8th June for all  mills to achieve a mid-November finish. (14th – 15th Nov)
  • These numbers reflect 47,000 tonnes of Inkerman cane to Invicta
  • There will be a need to transfer cane from Kalamia to Pioneer on these numbers but may have to go to Invicta. A decision will be made after crushing has started and trends analysed.

Daily Sugar Price

 

Tuesday, 20 April 2021

The May 2021 contract settled at:  16.29 US c/lb

The Australian Dollar currently trades at:  77.59 US cents

Forward indicative prices in Australian dollars are:

* $462 for May Contract – 2020 season

$462 for 2020 season

$456 for 2021 season

$413 for 2022 season

$372 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, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL

 

Daily Sugar Price

Monday, 19 April 2021

The May 2021 contract settled at:  16.72 US c/lb

The Australian Dollar currently trades at:  77.36 US cents

Forward indicative prices in Australian dollars are:

* $476 for May Contract – 2020 season

 

$476 for 2020 season

$464 for 2021 season

$416 for 2022 season

$377 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, and 1:2:2:1 ratio across the four applicable futures contracts 2021, 2022 and 2023 Seasons.

 

Jul 20 – Mar 21 Actual roll adjustment per tonne of sugar – -9.43

Mar21 – May 21 Actual roll adjustment per tonne of sugar – +22.06

Total Actual Roll Adjustment per tonne of sugar – +12.63

Proudly brought to you by Kalagro Limited

Information sourced from QSL