Thanks for putting up this chart. I have also been tracking sugar prices and expect a cyclical recovery but I am not yet sure if it would be this year but more optimistic sometime in the coming year. Do have a look at the brazilian currency as a variable on the sugar prices (sugar no. 11). When looking for for technicals for cyclicals (recovery) do look at long term charts say 25-30 yrs. I am trying to figure out if fed hike makes any impact on the sugar cycle. But yes there are signs that we are near (4-14 months) a cycle reversal.
| Subscribe To Our Free Newsletter |
