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9 July 2021
Photo: Herbert River growers the Exelby family, from left, Brian, Jess, Joe and Evie.
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Final 2020-Season Advance payment
The final QSL Advance payment for the 2020 Season will be made in the week commencing 19 July. This payment will be made as a separate transaction in addition to any 2021-Season Advance payments growers may receive that same week. The final 2020-Season payment represents a 2% increase on the June 2021 payment. The current 2021-Season Advance rate is 65%.

Click here to see the full 2021-Season Indicative Advances Program. 

First 2021-Season sugar shipped

QSL has dispatched its first shipment of sugar from the current harvest. The cargo of 42,000 tonnes of raw sugar from the Burdekin was shipped on the Pacific Integrity out of Townsville for a refinery customer in South Korea. QSL General Manager Marketing Mark Hampson said South Korea was one of Australia’s largest raw sugar markets, and had been one of QSL’s key customers for nearly 50 years. “While we’ve had other shipments this year, those previous cargos delivered sugar produced last season,” he said. “Queensland’s sugar is in high demand, so this first 2021-Season shipment marks the start of very a busy shipping program which will stretch through until mid-next year, with exports already planned for refining customers in South Korea, Indonesia, Japan and the USA.”
Additional tonnage now available
As of 1 July 2021, QSL growers can access additional GEI tonnage to price in the 2023 and 2024 Seasons, with committed pricing levels now as follows:



To access QSL pricing, you must first have a GEI Sugar Marketing nomination in place for the season in question. See your local QSL team for details or help with the nomination process.
 
New GST arrangements - Wilmar districts

QSL's new simplified GST arrangements for our growers in Wilmar milling districts are now in place. The change is part of a wider program of payment improvements, including more concise, user-friendly statements, and payment information and notifications available via the QSL App.

Under the new GST arrangements, QSL will now apply GST to QSL transactions and issue an RCTI/Tax Invoice for payments for our growers in Wilmar milling districts. This enables these growers to now enter their QSL sugar income, expenses and GST information into their bookwork just like any other RCTI, and distribute their GST more evenly through the year.

Your local QSL team is available to answer any questions you may have regarding these improvements. You can also find more details by clicking here.
Keen to know what's happening with the sugar market? Watch the latest video update from Matt Page, QSL Senior Manager Treasury and Risk, by clicking here.
New QSL App
features released

QSL Direct Pricing Managers can now add and remove Authorised Viewers on their account and change the account's Pricing Manager through the QSL App.
To access these new features, update your QSL App today.
You'll then find the new Change Requests section under the MORE... tab for each ABN.
Coming Events

The QSL Grow program is a proud supporter of the following industry events:
 
Mossman Show 
  • Regional Show (2 days). For more information visit mossmanshow.com.au
  • WHEN: 18 - 19 July 2021
  • WHERE: Mossman Showgrounds

Sarina Show 
  • Regional Show (2 days). For more information visit www.sarinashowsociety.com/
  • WHEN: 31 July - 1 August 2021
  • WHERE: Sarina Showgrounds

Find your local QSL Grower Rep
To find the QSL Grower Representative/s in your region,
please click here. 
QSL indicative pool prices

Click the link below for your region:

Bundaberg Sugar milling districts
Far Northern Milling milling districts
Isis Central Sugar Mill milling districts
Mackay Sugar milling districts
MSF Sugar milling districts
 Tully Sugar milling districts
Wilmar milling districts


QSL Daily Market Snapshot
Click here

This report contains information of a general or summary nature. While all care is taken in the preparation of this report, the reliability, accuracy or completeness of the information provided in the document is not guaranteed. The update on marketing and pricing activity does not constitute financial, investment advice. You should seek your own financial advice. Nothing contained in this report should be relied upon as a representation as to future matters. Information about past performance is not an indication of future performance. QSL does not accept any responsibility to any person for the decisions and actions taken by that person with respect to any of the information contained in this report. You have received this email as you are subscribed to receive newsletters and other marketing material from QSL. We take your privacy very seriously. View our Privacy Statement on QSL’s website. When you make enquiries of QSL or sign up for QSL news or information, you thereby consent to QSL collecting and using the personal information that you provide to QSL in the operation of QSL’s business, which may include direct marketing. You may opt out of this service at any time if you no longer wish to receive any communications from us by using the unsubscribe function at the bottom of this email.
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You received this email because you are marketing with QSL or have expressed an interest in our services. 

Our mailing address is: 
QSL (Queensland Sugar Limited)
Level 12/348 Edward St
Brisbane, Queensland 4000
Australia
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QSL (Queensland Sugar Limited) · Level 12/348 Edward St · Brisbane, Queensland 4000 · Australia