News

 

QSL Market Update

The past fortnight has been a bit of a rollercoaster affair in the raw sugar market. We have seen prices swing from life-of-contract lows made in week one to rather surprising rally highs on Tuesday last week before eventually ending up more or less where they started the fortnight. MAR15 closed the period 14 points lower at 15.90c/lb, while MAY15 closed at 16.22c/lb, leaving the MAR/MAY spread at -32 points.

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AUSTRALIAN SUGAR GIVEN RAW DEAL IN CHINA FREE TRADE AGREEMENT

The head of Australia’s leading raw sugar marketer, Queensland Sugar Limited (QSL), has today expressed disappointment at the decision to exclude Australian raw sugar from the latest China Free Trade Agreement (FTA).

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QSL Market Update

The Raw Sugar market has struggled to stem the bearish sentiment over the past fortnight, as a succession of lower closes eventually led to the entire board making life-of-contract lows last week.  The March 15 contract had dropped by nearly 100 points to 15.48 before a small relief rally on Friday closed the fortnight at 15.69 US cents per pound.

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QSL Market Update

The past fortnight has seen the raw sugar market range-bound. Despite a couple of brief dips below early last week, the prompt price has traded in a relatively stable 16 to 17 cent range. MAR15 closed the period 58 points lower at 16.04 c/lb while MAY15 also moved over a similar range leaving the MAR/MAY spread pretty much unchanged.

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QSL inquiry submission calls for grower choice

Close to two thirds of Australia’s cane farmers will have their incomes impacted by a sugar miller intent on preventing them from using their own marketing company, and so need State or Federal legislation to give them competitive choices, Queensland Sugar Limited (QSL) Chief Executive Officer and Managing Director Greg Beashel said today.

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qsl market update

Listen to the latest QSL sugar and currency market update by QSL Treasurer Stephen Stone. Please note that this is current as of 27 October 2014.

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 QSL calls for true sugar industry competition

Queensland Sugar Limited (QSL) Chairman Mike Carroll has called for the Queensland sugar industry’s marketing arrangements to be opened to competition, stating the purpose of deregulation was to dismantle artificial monopolies and create a market dynamic, not to replace statutory marketing authorities with private monopolies.

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QSL annual general meeting

QSL held its Annual General Meeting on Monday 20 October 2014.

Please click on the below links to read the presentations delivered by QSL Chairman Mike Carroll and Chief Executive Director and Managing Director Greg Beashel.

QSL Chairman's Address

QSL CEO's Presentation 

QSL presents its 2013/2014 Annual Report

Queensland Sugar Limited (QSL) is proud to deliver its 2013/2014 Annual Report.
 
QSL sold 2.975 million tonnes of raw sugar in the 2013/2014 Financial Year, with 3.765 million tonnes of raw sugar handled through the bulk sugar terminals.
 
The QSL 2013/2014 Annual Report is available by clicking here

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THE ANNUAL GENERAL MEETING (AGM) FOR QUEENSLAND SUGAR LIMITED (QSL) 

The Annual General Meeting (AGM) for Queensland Sugar Limited (QSL) is scheduled to be held
 
Where: Christie Conference Centre, 320 Adelaide Street, Brisbane, QLD, 4000. Phone (07) 3010 9028
When: 2:00pm, Monday 20 October 2014
 
Please click here to view last year’s AGM minutes.
 

qsl welcomes senate inquiry into marketing arrangements

Queensland Sugar Limited (QSL) today welcomed the announced senate inquiry into current and future raw sugar marketing arrangements in Australia.

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qsl market update

Listen to the latest QSL sugar and currency market update by QSL Treasurer Stephen Stone.

Click here to listen