TAG: sugar
India's sugar demand surges in heat wave and election season
India's sugar consumption this year is poised to hit a record high as demand during the peak summer season gets a boost from heat waves and the mobilisation of millions for elections in the scorching temperatures.Higher consumption would lift local prices...
5 months ago
Here’s 3 Commodities Primed For Triple Digit Gains In 2024
Copper Shines, Leading the Charge in the 2024 Commodity SupercycleThis is now the fourth consecutive year that has seen a total of 47 Commodities ranging from the Metals, Energies to Agriculture notching up new multi-year and all-time record highs.While G...
5 months ago
Commodities Watch: Time for a sugar rush?
Round-up The past week has seen some big moves in the commodities space, notably with sugar prices rallying 11.6% to reach a three-week high. That said, the recent surge follows after a 36% retracement from its November 2023 peak, with prices falling from...
1 month ago
Trade of the week: long sugar
(AI video summary) Previous Arabica coffee & soybean trading outcomes In this week’s edition of Trade of the week, Axel Rudolph revisits some recent trades and analyses their outcomes while introducing a new opportunity in the commodities market. In l...
1 month ago
Brent crude oil price still bounces off lows, while silver, sugar prices rally
Brent crude oil recovers further from early September low Brent crude oil futures’ prices are still recovering from their 68.53 early September low, a level last seen in November 2021, as oil sentiment is the most bearish in over a decade, perhaps pointin...
3 weeks ago
Brent, silver capped by resistance as sugar price rush subsides
Brent crude oil price sidelined below resistance The recent over 6% rise in the Brent crude oil futures’ price from its early September low on heightened tensions in the Middle East stalled below the 5 and 21 August lows at 74.97-75.24 which should act as...
3 weeks ago