Daily Sugar Price

 

Wednesday, 24 March 2021

The May 2021 contract settled at:  15.43 US c/lb

The Australian Dollar currently trades at:  76.23 US cents

Forward indicative prices in Australian dollars are:

* $444 for May Contract – 2020 season

$444 for 2020 season

$435 for 2021 season

$399 for 2022 season

$374 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