Daily Sugar Price – 12th February 2020

Wednesday, 12 February 2020

The March 2020 contract settled at: 15.41 US c/lb
The Australian Dollar currently trades at: 67.41 US cents

Forward indicative prices in Australian dollars are:

*$498 for March Contract – 2019 season

$500 for 2019 season

$479 for 2020 season

$441 for 2021 season

$427 or 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.