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Sugar: Why You Should Buy It Now

By Michael DylanCommoditiesJun 04, 2017 10:58AM ET
www.investing.com/analysis/sugar,-why-you-should-but-it-now-200193060
Sugar: Why You Should Buy It Now
By Michael Dylan   |  Jun 04, 2017 10:58AM ET
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Sugar commodity is trading substantially below the cost of production. When the July Sugar price drops down to 14 cents per pound, it is an excellent opportunity to buy sugar. Sugar could drop down to 12 cents per pound and at that time more contracts could be purchased. When purchasing at 14 cents the leverage should not be more than 2 to 1. Sugar can be bought at the stock exchange using iPath Bloomberg Sugar Subindex Total Return Exp 24 June 2038 (NYSE:SGG) ETF.

Sugar Monthly Chart
Sugar Monthly Chart

Sugar: Why You Should Buy It Now
 

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Sugar: Why You Should Buy It Now

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