US Sugar #11 (SBV6)

Currency in USD
18.12
+0.18(+1.00%)
Real-time Data·

US Sugar #11 Futures Discussions

indian dipol is still neutral
best time to buy in years. im all in
put all the rest of my money in leveraged, cant be more sure... at least i hope so but all the signs show the same way..
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El nino will take it to 25
whats your thoughts? i think up to 21 till end of the year...
no, 24 to 28....maybe we reach next year a new high in march
steira all the data shows that way...
in my opinion we reach this year at least 24-28....
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you just gotta love this.... ❤️
why sugar down a lot
Take profit after a strong rally, a good opportunity to enter. I sold it a bit early but I am in again.
Florin Popaim long since last week, lovely profit. agree with profit taking! will go up towards 20, im sure
COT data tell us that sugar is rising as you can nicely see from the chart.
i think at end of august the pricesurge will start...the precipitation forcasts from different models are for sep oct realy bad
for india....my bad
It looks like it already started.
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long to 18
correction,short to 13
correction,short to 13
long to 20
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India’s Meteorological Department reported on Monday that India’s cumulative monsoon rainfall was 42% below normal as of June 29. India’s Earth Science Ministry warns that this year’s monsoon in India could be the weakest in 11 years. India’s monsoon season runs from June through September.
41,3 celczius - a new top in Germany...there will be less of sugar beet in Germany, UK, France, Poland...everywhere...heat wave!!!!
few days ago, the heat wave was going on (and still goes on) and sugar bears were pushing it to 13.75 (Ocotber contract)...guess what...the heat waves are still on, so now we should just wait one title "Heat Wave Bad for Sugar" in respectable news agency, and we will visit 16 or 17c mark...in a few weeks or sooner
US demands frozen Iranian assets to be used for reconstruction of damage in the Gulf countries...this thing (Iran war) is not going to end soon, and oil can go up to 140 USD or more!! Anindya Banerjee, Head of Research for Commodities and Currencies at Kotak Securities, warns that the Brent crude oil price, currently hovering around USD 109, could breach the USD 130-140 mark if the war prolongs. "The longer this continues, the more the impact on oil prices... every passing week is crucial for oil prices," Banerjee told in an interview.
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Brazil is expected to ramp up ethanol production, driven by elevated crude oil prices. This will result in reduced sugar output and a contraction in global supply, thereby exerting upward pressure on prices.
Iran crisis has no end in sight...even if it over tomorrow, prices will stay elevated, giving incentive to turn sugar into blend-fuel..Trum talks about a deal for 2 months...but those are only words coming out, not ships out of the Straight
As a bullish factor, Unica on Monday reported that 2026/27 Brazil Center-Soth sugar production through May is 6.838 MMT, down -2.0% y/y as millers ramped up ethanol production. The percent of sugarcane used for sugar by Brazil’s sugar mills dropped to 41.42% from 50.09% as cane crushing for ethanol production rose to 58.38% from 49.91% LAST year.
bought today more!! cheap!
Sugar is likely a buy until at least November
Hold it tight. My position average is 14
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Upside continues today
and tommorow and next week and in July!!!
bought on Friday..very very cheap!!! multy-week trade!!!
Gap 13.28$ lookin close to be filled but not sure it wont drop more
Super Typhoon Sinlaku, which will soon make landfall on American islands in the western Pacific with winds near 180 mph, is a catastrophic storm. alarming: Because it is so powerful, it is now helping push that heat across the Pacific toward what could be the strongest El Niño in a generation.
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Small Lp starter.
Hit itm
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