Friday, 24 January 2020
The March 2020 contract settled at: 14.57 US c/lb
The Australian Dollar currently trades at: 68.47 US cents
Forward indicative prices in Australian dollars are:
*$466 for March Contract – 2019 season
$465 for 2019 season
$463 for 2020 season
$452 for 2021 season
$440 for 2022 season
(The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contracts.
For Growers who have chosen to roll 2019 – Season exposure, QSL will gross up their target price to be inclusive of roll costs incurred currently $17.98.)
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Information sourced from QSL.