CFD Trading: Sugar

Sugar is a commodity; the largest producer in the world is Brazil.  

Sugar production

Sugar is produced as sugar cane or sugar beet; sugar cane is produced in countries where the weather is hot and the sugar beet is produced in countries where the weather is colder.  

Sugar and Price

The percentage of sugar from the sugar cane and beet is depending on the weather which makes the weather a factor in the price development.

The price tent to rise from July/August to the sugar beet harvested; harvested is from late September to November). The reason is the supply on the market is short

In the last couple of years has the price decreased; it is appropriately half of what is was in 2011.

Sugar and CFD trading

Sugar is a commodity on the trading platforms; at one of the platforms is sugar the 9 January 2014 bought at 15,52 and sold at 15;48; the difference between buy and sell is small; only 4 pips.