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Friday, 06 December 2019
OVERNIGHT ICE 11 PRICES
INDICATIVE ICE 11 PRICES
The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/tonnes actual price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.The 2019 Target Price Contract reflects a whole-of-season weighted average in a 5:1 ratio across the remaining contract, and 1:2:2:1 ratio across the four applicable futures contracts for 2020, 2021 and 2022 Seasons.
Fill highlights
2019-SEASON HISTORICAL ICE 11 CHART
This is a whole-of-season ICE 11 price chart for the 2019 Season, based on the current 5:1 pricing ratio applicable to QSL Target Price Contract growers. Source: Bloomberg
2020-SEASON HISTORICAL ICE 11 CHART
This is a whole-of-season ICE 11 price chart for the 2020 Season, based on the current 1:2:2:1 pricing ratio applicable to QSL Target Price Contract growers. Source: Bloomberg.
2021-SEASON HISTORICAL ICE 11 CHART
This is a whole-of-season ICE 11 price chart for the 2021 Season, based on the current 1:2:2:1 pricing ratio applicable to QSL Target Price Contract growers. Source: Bloomberg.