Category: Daily Sugar Price

Friday, 12 February 2021

The March 2021 contract settled at: 16.55 US c/lb

The Australian Dollar currently trades at: 77.52 US cents

Forward indicative prices in Australian dollars are:

* $469 for Mar Contract – 2020 season

$465 for 2020 season
$426 for 2021 season
$384 for 2022 season
$363 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

Proudly brought to you by Kalagro Limited
Information sourced from QSL

Thursday, 11 February 2021

The March 2021 contract settled at:  16.71 US c/lb

The Australian Dollar currently trades at:  77.22 US cents 

Forward indicative prices in Australian dollars are:

* $471 for Mar Contract – 2020 season

$475 for 2020 season

$428 for 2021 season

$384 for 2022 season

$365 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

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Wednesday, 10 February 2021

The March 2021 contract settled at:  16.44 US c/lb

The Australian Dollar currently trades at:  77.39 US cents

Forward indicative prices in Australian dollars are:

* $463 for Mar Contract – 2020 season

$467 for 2020 season

$425 for 2021 season

$379 for 2022 season

$358 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

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Tuesday, 9 February 2021

The March 2021 contract settled at:  16.27 US c/lb 

The Australian Dollar currently trades at:  77.02 US cents

Forward indicative prices in Australian dollars are:

* $461 for Mar Contract – 2020 season

$464 for 2020 season

$425 for 2021 season

$381 for 2022 season

$362 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

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Monday, 8 February 2021

The March 2021 contract settled at:  16.42 US c/lb

The Australian Dollar currently trades at:  76.66 US cents

Forward indicative prices in Australian dollars are:

* $470 for Mar Contract – 2020 season

$467 for 2020 season

$427 for 2021 season

$385 for 2022 season

$364 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

Proudly brought to you by Kalagro Limited

Information sourced from QS

Friday, 5 February 2021

The March 2021 contract settled at: 16.05 US c/lb

The Australian Dollar currently trades at: 76.00 US cents

Forward indicative prices in Australian dollars are:

* $464 for Mar Contract – 2020 season

$460 for 2020 season
$423 for 2021 season
$384 for 2022 season
$367 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

Proudly brought to you by Kalagro Limited
Information sourced from QSL

Thursday, 4 February 2021

The March 2021 contract settled at:  16.04 US c/lb

The Australian Dollar currently trades at:  76.18 US cents

Forward indicative prices in Australian dollars are

* $457 for Mar Contract – 2020 season

$462 for 2020 season

$419 for 2021 season

$381 for 2022 season

$364 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

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Wednesday, 3 February 2021

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

The Australian Dollar currently trades at:  76.07 US cents

Forward indicative prices in Australian dollars are:

* $465 for Mar Contract – 2020 season

$470 for 2020 season

$422 for 2021 season

$381 for 2022 season

$363 for 2023 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 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.

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Tuesday, 2 February 2021

The March 2021 contract settled at:  16.15 US c/l 

The Australian Dollar currently trades at:  76.21 US cents

Forward indicative prices in Australian dollars are:

* $461 for Mar Contract – 2020 season

$465 for 2020 season

$421 for 2021 season

$378 for 2022 season

$359 for 2023 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt 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 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. 

Proudly brought to you by Kalagro Limited

Information sourced from QSL

Monday, 1 February 2021

The March 2021 contract settled at:  15.83 US c/lb

The Australian Dollar currently trades at:  76.40 US cents

Forward indicative prices in Australian dollars are:

* $456 for Mar Contract – 2020 season

$452 for 2020 season

$416 for 2021 season

$375 for 2022 season

$357 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

Proudly brought to you by Kalagro Limited

Information sourced from QSL