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Sugar

CFD on the daily spot price of sugar (SUGAR#11).

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of

Product Type: Commodity CFD
Currency: USDMeasurement Unit: Pound (lb)
Full trading conditions >>

Description:

Sugar is a soft commodity available to trade like similar agricultural products such as rice. Its price is determined as a function of the market as a whole. Sugar is an important raw material for many household names, including confectionery manufacturers, bakery products like Nestle, beverage providers and breakfast cereal manufacturers such as Coca-Cola Company or Kellogg Company.Around 160 metric tons of sugar are produced every year. The largest producers are Brazil, the European Union and Brazil. The US is the world’s second largest net sugar importer.

Interesting Facts:

  • Many governments subsidise their sugar manufacturers to dump cheaply priced sugar in the market.
  • Sugar is a good source for ethanol production, so demand for ethanol tends to impact the international price of sugar.
  • Around 69% of the world’s sugar is consumed in the country of origin, with the rest traded on the markets.
 
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.