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US Sugar #11 Futures - May 24 (SBK4)

Real-time capital.com
Symbol
Exchange
Currency
SBDerivedUSD
SARTSc1MoscowRUB
SBc1ICEUSD
SBc2ICEUSD
SBc3ICEUSD
SBc4ICEUSD
SBc5ICEUSD
SBc6ICEUSD
SBc7ICEUSD
Currency in USD
Disclaimer
19.42
-0.58(-2.90%)
Closed

US Sugar #11 Futures Discussions

To Y'all thumping your hairy chests, don't forget the Tarzan Yell too. LMBO Thanks for the laugh, I needed that. Good Luck, happy trading, hope Y'all make lots of Moola, I'm trying to. We use lots of cheap sugar at our house for most of our drinks and desserts.
Check the price of Sugar you buy at the store. Lowest sugar price is $18 a for 25 lb bag, that's 62 cents per lb. I know it's processed white sugar, but Rani Misri Indian organic raw sugar crystals cost even more, $6.88 per lb at Walmart ($12 for 28 oz). Hurricanes and Monsoons are destructive to all kinds of food crops, sugar cane included. We'll see if the sugar crops come safely through these storms.
swm monsoon for the entire country of india down 36%. Worse since 1901. Bearish? 🤣
This is already in prices.
sure going to get drier
Sugar is vicious
hey. Im happy you made money on your trade.
i hear the same thing. They were saying this several times and it didn’t occur. Coming right back down
vicous for the short traders
Shorted march 24 at 25.90. A distinct pleasure getting such a price.
You will get better prices
Florida, US largest sugar cane grower and processor is getting slammed by Hurricane Idalia right now. What will the flooding do to sugar cane crops?
 Can I bring this for you attention that 25,90 was everything it could touch. We are heading to 10-14 range. Bye.
  Thank you for the info. Many factors affect food crops and the cost of energy to ship them to consider.
good luck on that. Keep shorting i like your money
Indian rainfall down 9% from junr 1 until now. Only going yo get worse
sell for 23.70
Great close for the bulls🚀
Any thoughts for next day trade on sugar ?Charts looks like huge sell soon
i wouldnt short for awhile. Monsoons expected to fail
 And just after your advice it started raining.
India bans some more rice exports. Why? They see the same problem with monsoon as Hackett does. Nothing bearish about this. Drought to last until dec area. Hackett also nailed us weather to a t. Good luck bears
@jakub barej bro i am a new man so what should i do?
what's the future and what should i do.should i buy sugar at this moment?
Ban is to decide end of September early October. Till that time up, then waterfall.
Nicely over 25
And for weekend a short story: Export quota for last year was higher than expected. According to a report from Reuters news agency on October 29, 2022, initially the Indian Government approved the export of sugar of only 8 million tons in 2022, while the Indian Sugar Mills Association (ISMA) initially estimated that they would release only 9 million tons of sugar. However, the actual amount of exports was higher, reaching 11.1 million tons.
For all bulls to consider. Government sources told CNBC-TV18 that decisions regarding the sugar export policy for the 2023-24 period would be taken at an appropriate time based on available estimates of sugarcane and the sugar season. Emphasising the impropriety of presuming government decisions prematurely, ISMA asserted that export determinations are typically made in October when the new season commences. Not to mention Jerome Powell's signs to stregthen up greenback.
Sugar closing at the high #notbearish
yea monsoons not happening. Good luck on that. Prediction you wont be foubd on this forum in oct
I am here since 2014. If you are telling just "no chance" there is high probability you are just guessing and trying to look confident. You have no grounds to claim sugar will cross 26 again. And believe me, there were bigger difficulties that did not pushed the price so high.
fade Shawn Hackett at yiur own peril. You have no clue what thr cold ocean water development means for the entire sotheastern asia weather system. Do you you homework or go broke
Shawn Hackett put out a video showing water around india setting up for big dryness in asain sugar regions. Calling fir sugar crop to be down 15-20%
Keep shorting i like your money
 You never get my money. I am prepared shorting till 40 USD. Then i quit. But i doubt you can push the price so high. :)
i am all ready getting it if your paying attention. Lol
Just me but this doesnt look toppy at all
Market appears toppy on the upside over all...and may continue to channel for the next week or two...looking for a 50% tetracement if we don't get a new high long term.
so anyone disagrees woth you gets a lol and theyre crazy? Got you big guy. GL. Youre out
if you think india needs to sell sugar to buy oil i will call it crazy. Just the way i see it. Makes no sense. India is not a poor country
 Oh. So why Russian have plenty of rupees? Do you think Russia will pass them to the US? No. Mark me. They can buy sugar and resell it.
Strange stop at 23.15-23.16
Jumoed from 23.15 to 23.64 in 2 minutes. Shorted at23.58. Think it comes back down to lower 23.00’s
Just added at 23.84 to short. I feel as bad as i look with my poor trades!
Now what direction?
Kenya
Down
My System - MSS (major sell sig) 5/11 and 6/21 creating a Double Top (Oct). Now if B/O below 23.74 TRGTs are 22.53 and 21.56 / Wkly 50MA.
I kind of disagree. If you see the demand, the risk of reduction of harvest, then it is possible the suger will go up
Who is demanding? China? They have big troubles with houses so sugar won't bother them.
I 100% agree with your comments
why the sugar price is going down?
keyann
I could ask, why sugar is so expensive. Should be 14 USD
price too high too long....time too goooo...
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