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Harvest Pool Opt
Out: Leave
the QSL Harvest Pool at any time during the season and price more
yourself using QSL's new Harvest Pool Opt Out. Just choose to
'Opt Out' and any of your Harvest Pool tonnage which has not
already been priced by QSL will be transferred to the
Self-Managed Harvest Contract so you can price it yourself.
Available to QSL Direct growers from 1 May 2022.
For more information please click here,
or contact your local QSL team.
Upcoming expiry:
March 2022 contract: 15 February is the March 2022 ICE 11 Contract
Pricing Completion Date for growers using the 2021-Season
Individual Futures Contract and Self-Managed Harvest Contract.
This is the final day to achieve pricing allocated to this
contract. Any tonnage that has not been priced or rolled by this
date will be priced by QSL at the next market opportunity.
You can elect to roll unpriced tonnage on any working day prior
to the Pricing Completion Date. To do so, just log on to your QSL
Direct account via the QSL App, cancel any open orders against
the March 2022 contract, and then hit the ‘ROLL TONNES’
button.
There is no fee to roll tonnage, however you will incur an
adjustment representing the cost associated with re-establishing
your positions in the new contract. You can find an estimate of
this roll adjustment on the QSL website
and our Daily Price email, or by contacting your local QSL team.
2022-Season
Pre-Crush Advance Payment: The QSL Pre-Crush Advance Payment Scheme
opened for nomination on 1 February 2022. The scheme gives
growers a payment for their 2022-Season QSL GEI Sugar in March
2022 — before the crush begins. Growers who have been accepted by
QSL to participate in the scheme (at QSL's discretion), will
receive $50/tonne of sugar IPS on 25 March for up to half of
their 2022-Season QSL GEI Sugar. Nominations close 11 March 2022
and can be made via your QSL Direct account. Please note, a cost
of $0.50/tonne IPS sugar applies.
Find
out more by reading the Pre-Crush Advance Fact Sheet by clicking here.
Key dates:
·
- 15 February 2022:
March 2022 ICE 11 Contract Pricing Completion Date for
growers using the Individual Futures Contract and
Self-Managed Harvest Contract. This is the final day to
achieve or roll pricing allocated to this contract. Any tonnage
that has not been priced by this date will be priced
by QSL at the next market opportunity.
- 21 February 2022:
Final day to achieve 2021-Season Target Price Contract
targets before the pricing window is automatically extended
and roll adjustments apply.
- 1 March 2022:
Nominations open for the QSL 2022-Season Actively Managed
Pool.
Market Update
Podcast: Catch up on all the latest sugar market news and
currency activity in this week’s Market Update Podcast by clicking here.
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