EN
ZH
PT
ES
- The net spec position in raw sugar continued to fall in the week up to the 6th April, dropping by a relatively modest 5k to 147k lots long; this is the first time the position has fallen below 150k lots long since Sep’20.
- Interestingly, this drop occurred despite the gross short spec position falling by almost 10k lots for the week, as the gross spec long eclipsed it after closing 15k lots.
- Commercial consumers continued to capitalise on the cheaper price and increased their position by 20k.
