You are here

QSL Market Update

Tuesday, 27 November 2018

Last week was extremely quiet on the sugar front, with the US holiday for Thanksgiving slowing down the market towards the end of the period and driving the ICE 11 lower to close the MAR19 contract at 12.47 c/lb. A sharp fall in oil prices and the equities market pushed the AUD off the previous week’s highs of 0.7338 down to 0.7202 before stabilising ahead off the US holiday, ending the week at 0.7240.

Click here to read our Market Update in full.