- Another small increase in the size of the net long position for both No. 11 and No. 5
- In the No. 11 commercials were more involved than specs this week, building on both their long and short positions to account for over 75% of selling and 50% of buying
- The commercial short position is now the highest in a decade as Brazilian sugar mills have taken advantage of high prices to hedge more sugar at the expense of ethanol.
ICE No.11 Futures Speculative Positioning (values as of 11th February 2020)
ICE No.11 Futures Commerical Positioning (values as of 11th February 2020)
ICE No.11 Futures Open Interest (values as of 11th February 2020)
ICE Futures Europe (No.5) Speculative Positioning (values as of 11th February 2020)
ICE Futures Europe Open Interest (values as of 11th February 2020)
