SUGAR LATEST

SUGAR SUGAR SUGAR INTRADAY

MONDAY 11. APRIL

• Jan 01. @ 18.9

• Feb 01. @ 18.5

• Mar 01. @ 18.3

• Apr 01. @ 19.4

Sugar Market Report (Link)

Spot and nearby Sugar contracts

SUGAR SEASONALITY CHART

The Sugar seasonality chart compares this year to earlier years. Red signal market in a weaker seasonal period. Blue signal market in a stronger seasonal period.

The first seasonality period performed -2.1%. The 2. period is weak and ongoing until the first week of May.

SUGAR PRICE DEVELOPMENT

Daily closings through the lens of strength and weakness.

SUGAR PRICES THIS YEAR VS LAST YEAR

Sugar prices for the current year vs last year.

SUGAR THIS YEAR VS 2 YEARS AGO

Sugar prices for the current year vs 2 years ago.

SUGAR THIS YEAR VS 3 YEARS AGO

Sugar prices for the current year vs 3 years ago.

SUGAR PRICE CHANGES

SUGAR MADC AND RSI

These are daily indicators only. There is no directly Sugar price action in this chart above. What you see are formulated MACD and RSI levels to signal strength / weakness from Sugar prices.

SUGAR INDICATOR ( i )

An indicator in red (weakness) and blue (strength) is derived from daily MACD developments.

SUGAR WEEKLY ( LONGER PERSPECTIVE )

Average weekly trading range in 2022: USD 0.9.

Each bar is derived from one week of trading activity. 

After week 18, Sugar prices are lower. A lower low (18.5) and a lower high (19.5) signalling further weakness for Sugar markets in the weekly timeframe.

After week 16, there is a lower low (19.2) and a lower high (20.2) on a weekly scale. This is now signalling weakness rather than strength going forward.

After week 14, Sugar prices are trading at Octctober and November highs. Strength is shown through the higher high and higher low.

After week 11, there is an inside Blue bar. For the next move, be aware of 18.5 to the downside and 19.2 to the upside.

After week 10, there is a higher high and a higher low on a weekly scale going against seasonality. The Blue bar is strong.

After week 09, the outside bar in Blue should favour up rather than down, but too early too tell. The Sugar-trend has been weak since December. The latest weeks looks more like a pause in the ongoing downtrend than a trendshift.

After week 07, Markets see an inside Red bar which could soon play out in either direction. The trend last 3 months is down, and the weak seasonality period for Sugar starts in week number 8. Not to say this cannot turn around any time to countertrend.

After week 06, Sugar is down 1% the last two weeks. Prices ar hoovering around the levels seen in the 2. week of January. The weekly bar contains a marginally higher high and a higher low but coloured in Red. If the bar is Red its because the actual closing price is lower than the formulated opening price.

After week 05, Sugar is seeing a lower low and a lower high.

After week 04, Sugar prices are marginally lower represented with a lower low and a lower high on the weekly scale.

SUGAR PRICES MONTHLY

The monthly tradingrange for Sugar prices in April was USD 1.8.

Mar USD 2.2, Feb. USD 1.3, Jan. USD 1.7, Dec. USD 1.4, Nov. USD 2.1.

Each bar is derived from one month of trading activity. Scroll down to the Quarterly chart after this.

After April 2022, Sugar prices are higher on a monthly scale containing the higher high and higher low. 

After March 2022, Sugar prices soared 10% over the last month. There is a higher high and a higher low on a monthly scale indicating strength.

After February 2022, Sugar prices are continuing lower on a weekly scale. The latest Red bar is making a lower high indicating further pressure to the downside for now.

SUGAR MONTHLY PRICE CHANGES

SUGAR MONTHLY PRICE CHANGES

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SUGAR PRICES QUARTERLY

Sugar quarterly developments. Q1 2022 ranged 2.3 points low to high or high to low. This may differ from the look of the formulated chart below.

This chart shows the development of Sugar prices per quarter, where each bar counts as one quarter (3 mnths) of trading activity. Q1 = Jan - Mar,  Q2 = Apr - Jun, Q3 = Jul - Sep, Q4 = Oct - Dec.

Q1 2022, Sugar prices are making an inside bar with its lower low and lower high on a quarterly scale. This is indicating prices are taking a breather from its soaring formerly 6 quarters. The next bar could spark in either direction. Technically speaking there is probably more strength than weakness to the current pattern going forward.

SUGAR PRICES YEAR BY YEAR

Sugar yearly chart of Sugar prices, every year since 1970.

In 2021, Sugar prices ranged 41% from year low to year high. The chart above is created as an Heikin Ashi chart, thereby given different outcomes of highs and lows than a normal bar chart because of its formula.

The strongest message from this chart is the importantance of a bar's higher high and higher low (lower low and lower high) which is indicating further development.

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SUGAR PRICES IN 2021

Sugar prices comments and weekly chart in 2021.

SUGAR PRICES IN 2021

Each bar is derived from one week of trading activity. 

After week 50, Sugar has not decided what way to go next and showing an inside bar. Be aware next, this can go either direction.

After week 49, Sugar markets see a Red bar, but there is a marginally higher high and a higher low on a weekly scale.

After week 48, there is clearly lower pricings for Sugar oberved by the lower low and the lower high. Little strength until prices are above 19.8 again.

After week 47, Sugar markets are weaker on a weekly scale buiding a lower low and lower high for this latest weekly bar. Lowpoint is 19.2 and Highpoint is 20.2.

After week 46, sugar prices are higher on a weekly scale and marked with a blue bar as a higher high and higher low.

After week 45, there is a a blue higher high and higher low in the weekly timeframe, signalling streght rather than weakness.

After week 43, an inside bar is created and its colour is red. The current seasonal trend is weak. Prices must trade above 20 in order to potentially gain further traction.

After week 42, Sugar markets are seeing a lower high and a lower low on its weekly time scale indicating weakness on the move.