Tag Archives: sugar 2015

Commitments of Traders Report Shows Growing Bid in Sugar

The sugar market, like many commodity markets has been grinding lower, now down 40% for 2015. Additional problems have been forced on the sugar market by currency weakness among key producers Brazil and India. This has made it cheaper for them to produce sugar domestically and sell it globally thus, increasing the current supply glut on top of 5 years of production surpluses. In spite of its recent dismal performance, we see commercial trader action indicating that the sugar market internals are gearing up for a rally attempt.

Continue reading Commitments of Traders Report Shows Growing Bid in Sugar