- After Coronavirus driven uncertainty in sugar markets lead to rapid spec withdrawal during March, they appear to have regained some tentative confidence in the first week of April.
- In the No. 11 the net spec position moved to a small short, reflecting the risk of gradual downside from coming Brazilian Oversupply.
- In the No. 5 the slide towards neutrality was arrested, with a stable week at a small long position as tightness is felt in global white supply.
ICE No.11 Futures Speculative Positioning (values as of 7th April 2020)
ICE No.11 Futures Commerical Positioning (values as of 7th April 2020)
ICE No.11 Futures Open Interest (values as of 7th April 2020)
ICE Futures Europe (No.5) Speculative Positioning (values as of 7th April 2020)
ICE Futures Europe Open Interest (values as of 7th April 2020)
