QSL Market Update

In this week's QSL Market Update:

• The March 2021 ICE 11 price remained range-bound this week, moving from a high of 16.61 USc/lb to a low of 15.82 USc/lb
• Daily throughput numbers out of Thailand have fallen below 1 mmt (million metric tonnes) of cane, indicating the end of the crush is near
• After taking a dip lower last week, the Australian dollar (AUD) bounced back strongly reaching a weekly high of 77.42 US cents this morning (10 Feb) off the back of general USD weakness

To read our full report, please click here.