Daily Indicative Prices

Season Futures Contract US c/lb
Price 		US c/lb
Weighted
Average 		USD/Metric
Tonne 		Spot
AUD/USD 		Fwds Outright AUD per
Tonne 		AUD per Tonne
Weighted
Average 		AUD per IPS
Tonne
2025 October 2025 16.22 16.51 $363.91 0.6576 0.0011 0.6587 $542.87 $551.37 $531.83
March 2026 16.89 0.0034 0.6610 $563.32
May 2026 16.60 0.0042 0.6618 $552.98
2026 July 2026 16.59 16.96 $373.97 0.6576 0.0046 0.6622 $552.32 $564.12 $544.12
October 2026 16.82 0.0054 0.6630 $559.30
March 2027 17.28 0.0055 0.6631 $574.51
May 2027 16.99 0.0056 0.6632 $564.78
2027 July 2027 16.89 17.09 $376.84 0.6576 0.0057 0.6633 $561.37 $568.01 $547.88
October 2027 17.01 0.0058 0.6634 $565.27
March 2028 17.33 0.0059 0.6635 $575.82
May 2028 16.99 0.0059 0.6635 $564.52
2028 July 2028 16.89 17.00 $374.71 0.6576 0.0060 0.6636 $561.12 $565.16 $545.12
October 2028 16.96 0.0056 0.6632 $563.78
March 2029 17.17 0.0051 0.6627 $571.19
May 2029 16.83 0.0051 0.6627 $559.88
2029 July 2029 16.72 16.76 $369.42 0.6576 0.0048 0.6624 $556.48 $558.24 $538.46
October 2029 16.75 0.0045 0.6621 $557.73
March 2030 16.89 0.0038 0.6614 $562.98
May 2030 16.54 0.0035 0.6611 $551.57

Published: 04/07/2025     AUD/USD conversion is based on the spot FX of 0.6576

The IPS Conversion Factor used is 1.03675