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Sugar trading

  • #1
  • First Post: Mar 17, 2016 9:34am Mar 17, 2016 9:34am
Hi all,

Anyone here is trading Sugar ?

I'm new to it, looks like a not so popular commodity
  • #2
  • Mar 17, 2016 1:02pm Mar 17, 2016 1:02pm
Quoting agyo
Hi all, Anyone here is trading Sugar ? I'm new to it, looks like a not so popular commodity
Sorry. Not sweet enough for me.
Never Ever Give Up!
  • #3
  • Mar 17, 2016 1:16pm Mar 17, 2016 1:16pm
Quoting Cobra
{quote} Sorry. Not sweet enough for me.
lol
  • #4
  • Mar 17, 2016 6:06pm Mar 17, 2016 6:06pm
Quoting agyo
Hi all, Anyone here is trading Sugar ? I'm new to it, looks like a not so popular commodity
UK will have sugary drinks tax so that you start this?
  • #5
  • Mar 17, 2016 6:30pm Mar 17, 2016 6:30pm
The "soft" commodities ( sugar,coffee,cocoa,OJ) don't trend very well and government data is infrequent. You're better off trading currency futures or the e-mini S&P.
  • #6
  • Mar 18, 2016 12:38pm Mar 18, 2016 12:38pm
Quoting roger44
{quote} UK will have sugary drinks tax so that you start this?
nope, simply because there's no sugar trading thread
  • #7
  • Mar 18, 2016 12:43pm Mar 18, 2016 12:43pm
Quoting gravitist
The "soft" commodities ( sugar,coffee,cocoa,OJ) don't trend very well and government data is infrequent. You're better off trading currency futures or the e-mini S&P.
Yeah, that's exactly what I thought... what makes the price move ? (Like weather in production area, or taxes... I dont know)

Is there a website where I can find some news about Sugar ?

Thanks for your reply tho
  • #8
  • Mar 19, 2016 4:58am Mar 19, 2016 4:58am
Have you looked on the exchange site ? There may be info on there. http://www.cmegroup.com/

Here is a book that someone new to futures may find interesting
Attached File(s)
File Type: pdf intro_fut_opt.pdf   2.8 MB | 1,181 downloads


This is a crop calendar that has planting and harvesting times
Attached File(s)
File Type: pdf cropcal.pdf   269 KB | 674 downloads
The greatest enemy of a good plan is the dream of a perfect plan.
  • #9
  • Mar 19, 2016 7:40pm Mar 19, 2016 7:40pm
Quoting steve10%
Have you looked on the exchange site ? There may be info on there. http://www.cmegroup.com/ Here is a book that someone new to futures may find interesting {image} This is a crop calendar that has planting and harvesting times {image}
Yep, I already checked on the ICE website. Pretty interesting.

Thanks a lot for the share, appreciated !. Nice calendar, and I'll take a look at the book tomorrow !
  • #10
  • Mar 19, 2016 9:04pm Mar 19, 2016 9:04pm
There's one thing I don't get. I hope somebody can help.

I can trade Sugar with my broker (Oanda) and it says the price is actually 0.157. When I check the price on major websites, it says price is currently at 0.1597.

Why the price is always around 20 pips higher than my quotes ?

(PS: It's not because it's currently the weekend. It has been like this all week long)
  • #11
  • Mar 20, 2016 8:31am Mar 20, 2016 8:31am
Quoting agyo
There's one thing I don't get. I hope somebody can help. I can trade Sugar with my broker (Oanda) and it says the price is actually 0.157. When I check the price on major websites, it says price is currently at 0.1597. Why the price is always around 20 pips higher than my quotes ? (PS: It's not because it's currently the weekend. It has been like this all week long)
Might be a different contract month ?
The Trend Is Your Friend
  • #12
  • Mar 20, 2016 6:05pm Mar 20, 2016 6:05pm
Not sure but heard something about it being needed soon in some sort of bio fuel this will help Brazil economy as they produce vast amounts of sugar and I heard the fuel request the throw away part
  • #13
  • Mar 23, 2016 3:07pm Mar 23, 2016 3:07pm
Quote
Hi all,

Anyone here is trading Sugar ?

I'm new to it, looks like a not so popular commodity
Never heard of anyone who traded sugar
Old ways dont open new doors
  • #14
  • Jul 3, 2016 3:53pm Jul 3, 2016 3:53pm
Well, now sugar costs 20.67....
I've read a good book about commodities
Jim Rogers Hot commodities
Probably it will be useful for somebody
  • #15
  • Jul 3, 2016 6:44pm Jul 3, 2016 6:44pm
Quoting agyo
There's one thing I don't get. I hope somebody can help. I can trade Sugar with my broker (Oanda) and it says the price is actually 0.157. When I check the price on major websites, it says price is currently at 0.1597. Why the price is always around 20 pips higher than my quotes ? (PS: It's not because it's currently the weekend. It has been like this all week long)
Now jus over $.20
  • #16
  • Jul 5, 2016 7:03am Jul 5, 2016 7:03am
it depends
october contract (2016) costs 0.2078 and then price goes down. Naturally, because of cost of money and cost of the storage. Probably there are another factors

BTW
if you will see histotical data, 0.20 is not the maximal price. So it can move higher to 0.3 and even 0.4... so we need to compare demand and supply
  • #17
  • Jul 18, 2016 3:36pm Jul 18, 2016 3:36pm
to Agyo

http://www.alexandragloss.blogg.no

The foreign exchange market (forex or FX) is an unregulated global market in which trading does not occur on an exchange and does not have a physical address of doing business. Unlike equities, which are traded through exchanges worldwide, such as the New York Stock Exchange or the London Stock Exchange, foreign exchange transactions take place over-the-counter (OTC) between agreeable buyers and sellers from all over the world. This network of market participants is not centralized, therefore, the exchange rate of any currency pair at any one time can vary from one broker to another.

Oanda is a market maker (forex broker). Thats why the price can vary from one broker to another. Тhey have their quotation which is a different.
  • #18
  • Nov 7, 2016 7:20am Nov 7, 2016 7:20am
Attached Image (click to enlarge)
Click to Enlarge Name: SUG11-MAR17M5.png Size: 38 KB
We err, and err, and err again, but less.
  • #19
  • Nov 7, 2016 8:26am Nov 7, 2016 8:26am
Quoting dweb
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: SUG11-MAR17H4.png Size: 35 KB
We err, and err, and err again, but less.
  • #20
  • Nov 7, 2016 10:43am Nov 7, 2016 10:43am
Not easy to trade sugar
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