Sugar news

Sugar prices reversed the previous gains as the market reacted to the strengthening US dollar. Those looking to invest in commodities are also responding to the low-intensity protests in Brazil. As at 08.43 GMT, the soft commodity was trading at $15.95. sugar prices Brazilian truckers’ strike Last week, sugar prices…

Sugar prices were on recovery on Tuesday. The prices found support in the probable truckers’ strike in Brazil. The protests, which are likely to begin on 1st February, have raised concerns over the possible disruptions of sugar supply. This would worsen the supply shortage caused by low production in Thailand…

Sugar prices are on an upward momentum. At the beginning of Friday’s session, the commodity was up by 5.62% to trade at $16.73. this is its highest price level since April 2017. While the fundamentals are largely bearish, the low supply from the European Union and Thailand has offered support…

Sugar price has been on an upward trend over the past 7 months. In April SUGARUSD reached ~$0.10. This price level was the lowest price level since 2018. However, months after this record low, the price of this soft commodity has risen to reach its current trading level of ~$0.15.

Sugar is such an everyday item that you might never have thought of it as a commodity that you could invest in. Yet, it offers an interesting way of diversifying your investments by choosing something that isn’t directly linked to many other financial instruments or factors. The Basics of the…

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