PrintFriday, 18 December 2020
Trading on the ICE 11 sugar market has slowed right down as we head into the festive season, with open interest and trading volumes shrinking.
Technical-based selling has outweighed the positive macro and fundamental factors this month as the March 2021 contract weakened to lows of 14.09 USc/lb.
On the grower pricing front, we've received the first orders in our new Grower Floor Price Contract pricing option, now available on the QSL App and within the QSL Direct portal.