It was an eventful fortnight for raw sugar futures as we saw the October15 contract roll off the board and numerous developments across the industry. Increased volatility in the sugar market near the October expiry saw prices finish up positively at 12.17 c/lb. The March16 contract followed suit, pushing higher since becoming the new prompt contract and rallying to highs not seen since July 2015.
2015 QSL Annual general meeting
QSL's 2015 Annual General Meeting (AGM) details are as follows:
WHEN: 2pm Friday 23 October 2015
WHERE: The Christie Conference Centre, 320 Adelaide Street, Brisbane, Queensland, 4000.
FURTHER DETAILS: Contact QSL at (07) 3004 4400
Please click here to view the minutes from the 2014 QSL AGM.
The 2014/2015 QSL Annual Report is available here.
Market update - 28 September 2015
The sugar market saw some increased price action across the back half of the week as it regained early losses. The soon-to-expire October 15 contract was back at it again, trading across a 97-point range. The most active contract, March 16, reflected much of the price action seen in the October contract. Prices chopped through shy ranges to then rally in a Friday-night session which proved top performing across the board.
market update - 21 September 2015
The past fortnight saw a firming sugar market, with flat prices rallying for consecutive sessions. The prompt October15 contract continues to show promise as we near its expiry, rallying to 11.74c/lb during the period. This was followed by some weakness and another modest bounce late in the week.