SUGAR Long position
Sugar bouncing on the strong resistance level, pretty much oversold.
Also, Brazil as the second major sugar exporter is beginning only now to suffer the real covid-19 pandemic, although Europe and USA are starting to open economies Brazil is shutting down yet.
The winter time is starting there now, creating a disconection between the center and the outside of the country.
Also, Brazil as the second major sugar exporter is beginning only now to suffer the real covid-19 pandemic, although Europe and USA are starting to open economies Brazil is shutting down yet.
The winter time is starting there now, creating a disconection between the center and the outside of the country.
註釋
Sugar Cane used in the production of ethanol, for sterelizers, etc etc...Many countries will have high demand for the next months.
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