Sweet time for Sugar?

Commodity dealers have been reporting tightness in the sugar market recently and stocks have been down in some of the major countries. Sugar has been on a good run since April 2020. However, is this now the time go long on Sugar in line with its strong seasonals?

Seasonaxโ€™s award winning algorithm is great for spotting hot seasonal patterns!

Sugar has a strong seasonal pattern now with an annualised return of over 90% and an average return of over 3.5%. So, is this time to turn sweet on sugar?

Major Trade Risks:
The major risk here surround supply levels of sugar which could contradict the seasonal outlook.

Remember, donโ€™t just trade it. Seasonax it!