The sugar price has been shellacked over recent years but, if my analysis is correct, it is set to sweeten up over the coming months. Let’s mix it up and begin with the monthly chart. SUGAR MONTHLY CHART The lower horizontal line denotes a double bottom stemming from the 2010 low at US$13 and 2014 low at US$13.32. Price has already rallied a little but I expect a bigger reaction off this level.
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