• In raw sugar the net spec long continued its small but steady growth.
  • Specs and commercials didn’t make any significant moves as price stabilised below 12c, but since the data release we’ve seen prices fall.
  • In white sugar the net spec long reduced for the first time in 2 months, mirroring the price which fell after months of strength.

ICE No.11 Futures Speculative Positioning (values as of 23rd June 2020)

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ICE No.11 Futures Commerical Positioning (values as of 23rd June 2020)

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ICE No.11 Futures Open Interest (values as of 23rd June 2020)

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ICE Futures Europe (No.5) Speculative Positioning (values as of 23rd June 2020)

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ICE Futures Europe Open Interest (values as of 23rd June 2020)

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