• Speculators were 82k lots net short of the raw sugar market as of last Tuesday.
  • That day saw the market make 12-year lows of 9.21c basis the N’0 contract.
  • However, the sugar market is now approaching 11c; a short-squeeze seems to be underway.

ICE No.11 Futures Speculative Positioning (values as of 28th April 2020)

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ICE No.11 Futures Commerical Positioning (values as of 21st April 2020)

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ICE No.11 Futures Open Interest (values as of 28th April 2020)

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ICE Futures Europe (No.5) Speculative Positioning (values as of 28th April 2020)

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ICE Futures Europe Open Interest (values as of 28th April 2020)

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