Thursday, 13 February 2020
The March 2020 contract settled at: 15.78 US c/lb
The Australian Dollar currently trades at: 67.37 US cents
Forward indicative prices in Australian dollars are:
*$510 for March Contract – 2019 season
$514 for 2019 season
$480 for 2020 season
$444 for 2021 season
$430 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 March contract – QSL will gross up their target price to be inclusive of roll costs incurred, currently a rebate of $ 6.11.)
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Information sourced from QSL.