Features International Sugar Journal

Monthly Snapshot May [Full subscriber]

Market analysis While the combination of market fundamentals and sentiment are informing the sugar price, currently stumbling along at US¢10/lb (as of 20th April), the emerging new normal that is Covid-19 led has invariably created an information vacuum which seems to be filled by speculative reasoning, not always informed. In the immediate future, the market will doubtless be at its wit end when it comes to what can be confirmed, what is plausible and downright speculative. Indeed, some analysts/traders/brokers are keen to share insights which fall into the latter category. The classic one being that made by Czarnikow recently, saying…

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