DislikedI trade in physical sugar as well in very large volumes and Brazil is not the only one producer. Last year price was up because of India.
I still think 20-25 is the fundamental price.Ignored
Regards,
Nader
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DislikedI trade in physical sugar as well in very large volumes and Brazil is not the only one producer. Last year price was up because of India.
I still think 20-25 is the fundamental price.Ignored
DislikedI trade sugar actively. I am currently long over the weekend with an average position in the high 26's. My price target is 31.52.
Oddly, sugar seems to have traded 50 contracts on Saturday (yesterday). Ending up .32 from its settle on Friday. Quite odd, and possibly a fault of buggy software.
I find it interesting that most of the calls in this thread have been to short sugar, and I believe many commodity traders share this perception with sugar. However, this perception is poorly conceived. The sugar #11 contract is raw sugar, as opposed to...Ignored
DislikedGentlemen,
What do you think about the sugar prices? Isn't it a good moment for a short position and waiting for the drop to 20$ / 100pounds?
HerbarzIgnored
DislikedHi Guys,
I have been thinking of opening a short, sugar position in D1. Normally I take 2-3% risk, with forex, but this would require approx 15% if I want to place my stop to a reasonable level. The RR (risk reward ratio) is above 8, and the position would be held for at least for a month. I would be happy to her what your opinions are.
I have opened it in a demo to see what would have happended in my real acc.
-Screen shot is attached-
So feel free to commentIgnored
Short Report on Sugar 11 ( 30aprile -May 5)