Sugar
Sugar trading is the buying and selling of sugar contracts such as futures, options and CFDs on commodity exchanges. Investors can also buy stocks in the top companies involved in the production and distribution of sugar and trade commodity ETFs. This manual will explore the factors that influence the price of sugar, major producing countries, its history and industry economics, plus trading hours. Use our list of the best sugar brokers to start trading:
Best Sugar Brokers UK
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $200 0.01 Lots 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) -
Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM Web, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:222 (Pro) -
IC Trading belongs to the reputable IC Markets group. Designed for dedicated traders, it offers highly competitive spreads, dependable order execution, and sophisticated trading tools. However, it operates from Mauritius, an offshore financial centre, allowing high leverage but within a less regulated environment.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC MT4, MT5, cTrader, AutoChartist, TradingCentral Min. Deposit Min. Trade Leverage $200 0.01 Lots 1:500 -
eToro, a leading multi-asset platform, provides access to trading services across thousands of CFDs, stocks, and cryptocurrencies. Established in 2007, it boasts millions of active traders worldwide and is sanctioned by top-tier regulators such as the FCA and CySEC. It stands out for its extensive social trading feature. Crypto investments are unstable and carry risk. Tax implications might apply. Acknowledge the risks involved. 61% of retail CFD accounts incur losses.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral Min. Deposit Min. Trade Leverage $50 $10 1:30 -
Established in 1999, FOREX.com is now integrated into StoneX, a prominent financial services entity catering to more than one million clients globally. The broker is regulated in numerous jurisdictions, including the US, UK, EU, and Australia. It offers a vast array of markets beyond forex, delivering competitive pricing on state-of-the-art trading platforms.
Instruments Regulator Platforms Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA WebTrader, Mobile, MT4, MT5, TradingView Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30
Pepperstone
XTB
IC Markets
IG Index
IC Trading
eToro
Forex.comSafety Comparison
Compare how safe the Sugar are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| XTB | ✔ | ✔ | ✔ | ✔ | |
| IC Markets | ✘ | ✔ | ✘ | ✔ | |
| IG Index | ✔ | ✔ | ✔ | ✔ | |
| IC Trading | ✘ | ✘ | ✘ | ✔ | |
| eToro | ✔ | ✔ | ✘ | ✔ | |
| Forex.com | ✔ | ✔ | ✘ | ✘ |
Payments Comparison
Compare which popular payment methods the Sugar support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| XTB | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| IC Markets | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| IG Index | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| IC Trading | ✔ | ✔ | ✔ | ✔ | ✘ | ✘ |
| eToro | ✔ | ✔ | ✘ | ✔ | ✔ | ✘ |
| Forex.com | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Sugar at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| XTB | iOS & Android | ✔ | ||
| IC Markets | iOS & Android | ✘ | ||
| IG Index | iOS & Android | ✔ | ||
| IC Trading | iOS & Android | ✘ | ||
| eToro | iOS & Android | ✘ | ||
| Forex.com | iOS & Android | ✘ |
Beginners Comparison
Are the Sugar good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| XTB | ✔ | $0 | 0.01 Lots | ||
| IC Markets | ✔ | $200 | 0.01 Lots | ||
| IG Index | ✔ | $0 | 0.01 Lots | ||
| IC Trading | ✔ | $200 | 0.01 Lots | ||
| eToro | ✔ | $50 | $10 | ||
| Forex.com | ✔ | $100 | 0.01 Lots |
Advanced Trading Comparison
Do the Sugar offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✔ | ✔ | ✘ |
| XTB | Open API | ✔ | 1:30 | ✘ | ✘ | ✔ | ✘ |
| IC Markets | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✘ | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✔ | ✘ | ✔ | ✘ |
| IG Index | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | ✔ | 1:30 (Retail), 1:222 (Pro) | ✔ | ✘ | ✔ | ✔ |
| IC Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✘ | 1:500 | ✔ | ✘ | ✔ | ✘ |
| eToro | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✘ | 1:30 | ✘ | ✔ | ✘ | ✔ |
| Forex.com | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✔ | ✔ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Sugar.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| XTB | |||||||||
| IC Markets | |||||||||
| IG Index | |||||||||
| IC Trading | |||||||||
| eToro | |||||||||
| Forex.com |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."
Tobias Robinson
Reviewer
Pros
- Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
- In recent years, Pepperstone has significantly enhanced the deposit and withdrawal process. By 2025, clients can use Apple Pay and Google Pay, while 2024 saw the introduction of PIX and SPEI for customers in Brazil and Mexico.
- Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading.
Cons
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
Our Take On XTB
"XTB emerges as an ideal option for novice traders, offering the impressive xStation platform, zero commission pricing, no required minimum deposit, and outstanding educational resources, many of which are conveniently integrated into the platform."
Pros
- XTB has raised its interest rate on uninvested funds and introduced zero-fee ISAs for UK clients, offering access to 3,000 stocks and 700 ETFs for diverse investment opportunities.
- The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
- XTB ensures swift access to funds, providing fast withdrawals with same-day payments for requests made before 1 pm.
Cons
- The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.
- The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
- Trading fees are competitive, with average EUR/USD spreads of about 1 pip. However, they are not as low as the most affordable brokers, such as IC Markets. Additionally, an inactivity fee applies after a year.
Our Take On IC Markets
"IC Markets provides excellent pricing, swift execution, and easy deposits. With cutting-edge charting tools like TradingView and the Raw Trader Plus account, it continues to be a preferred option for intermediate and advanced traders."
Pros
- IC Markets provides reliable 24/5 support, especially for account and funding queries, drawing from direct experience.
- As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience.
- Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
Cons
- Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
- Certain withdrawal methods incur fees, including a $20 charge for wire transfers. These costs can reduce profits, particularly with frequent withdrawals.
- The tutorials, webinars, and educational resources require enhancement, lagging behind competitors such as CMC Markets, which diminishes their appeal to novice traders.
Our Take On IG Index
"IG offers a complete package with an intuitive online platform, top-tier beginner education, advanced charting tools through its TradingView integration, real-time data, and swift execution for seasoned traders."
Pros
- IG stands out with its extensive range of instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it has recently introduced US-listed futures and options, along with an AI Index. These options enhance opportunities for diversification in trading.
- IG provides a wide range of professional and engaging educational materials, such as webinars, articles, and analyses, tailored for traders.
- The IG app provides an excellent mobile trading experience with an intuitive design, earning it the Runner Up position in our 'Best Trading App' award.
Cons
- IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.
- Beginners may find IG's fees complicated, as they vary depending on the trades or services. This could cause confusion and unexpected costs.
- IG imposes a monthly inactivity fee of $12 after two years, discouraging occasional traders.
Our Take On IC Trading
"IC Trading offers an ideal environment, featuring top-tier execution speeds of around 40 milliseconds, extensive liquidity, and advanced charting tools, perfect for scalpers, traders, and algorithmic traders."
Christian Harris
Reviewer
Pros
- IC Trading offers top-tier spreads, with some major currency pairs like EUR/USD featuring spreads as low as 0.0 pips, making it an excellent choice for traders.
- IC Trading provides exceptional flexibility, allowing traders to open as many as 10 live accounts and 20 demo accounts. This enables the management of distinct profiles for various activities, including manual and algorithmic trading.
- Trading Central and Autochartist provide valuable technical analysis and actionable ideas. These tools are readily available within the account area or on the cTrader platform.
Cons
- Customer support was inadequate during testing, with multiple live chat attempts going unanswered and emails ignored. This raises significant concerns regarding their capacity to manage urgent trading issues.
- The educational materials require significant enhancement unless accessed via the IC Markets website. This limitation is particularly disadvantageous for beginners seeking a thorough learning experience, especially when compared to industry leaders such as eToro.
- Although IC Trading operates under the reputable IC Markets group, it is licensed by the FSC in Mauritius, a regulator known for its limited financial transparency and lack of robust safeguards.
Our Take On eToro
"eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists."
Pros
- There is an extensive online training academy offering a range of accessible resources, from concise articles to detailed courses.
- eToro now offers accounts in EUR and GBP, with recent additions of BTC and ETH payment options. This reduces conversion costs and delivers a tailored trading experience.
- eToro has launched automated crypto staking, offering a pathway to passive income. However, Ethereum requires users to opt in.
Cons
- The only significant contact option, besides the in-platform live chat, is limited.
- There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
- The minimum withdrawal is set at $30, accompanied by a $5 fee. This may impact traders with limited funds, particularly those just starting out.
Our Take On Forex.com
"FOREX.com excels in serving traders of all levels, offering more than 80 currency pairs, spreads starting at 0.0 pips, and competitive commissions. Its robust charting platforms provide over 100 technical indicators and comprehensive research tools."
Pros
- An abundance of educational resources is available, such as tutorials, webinars, and an extensive YouTube channel, designed to enhance your understanding of financial markets.
- With more than two decades of expertise, strong regulatory governance, and numerous accolades, including a second-place finish in our 'Best Forex Broker' awards, FOREX.com is globally renowned as a reliable trading platform.
- FOREX.com provides top-tier forex rates beginning at 0.0 pips, along with attractive cashback rebates up to 15% for dedicated traders.
Cons
- FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms.
- Although FOREX.com has expanded its range of instruments, its product offering is confined to forex and CFDs. Consequently, there are no investment options for actual stocks, ETFs, or cryptocurrencies.
- Funding choices are restricted when compared to top options such as IC Markets. Many popular e-wallets, including UnionPay and POLi, are noticeably absent.
Sugar Trading Basics
Sugar is one of the most widely traded commodities and is used in a variety of industries, including food and beverage production, pharmaceuticals, and biofuels.
Sugar trading is typically conducted on commodity exchanges through online brokers, such as the Intercontinental Exchange (ICE) and the New York Mercantile Exchange (NYMEX), where traders can buy and sell sugar futures. These contracts represent an agreement to buy or sell sugar at a specific price and date in the future.
The global sugar market is dynamic and volatile, due to the various factors that impact its prices, including the value of the Brazilian real and US dollar, government subsidies, and health trends.
History
Sugar has been a valued commodity for thousands of years. It is believed to have originated in the region now known as New Guinea at around 8,000 BCE. From there, it spread to Southeast Asia and India, where it was used for medicinal purposes and as a sweetener.
The sugar trade grew rapidly in the 18th and 19th centuries, as sugar consumption increased and new sources of sugar were discovered. Beet sugar, for example, became a major source of sugar in Europe. The sugar trade became a key driver of the global economy, with sugar plantations and refineries established in many countries around the world.
Today, the global sugar trade is said to be worth over $52 billion, with over 120 export and production companies in the world. Brazil is the largest producer of sugar, followed by India, Thailand, China and the United States.
The demand for sugar continues to grow, particularly in emerging economies, and the sugar trade remains an important part of the global economy.
Price Chart
Factors That Influence The Price Of Sugar
The global sugar trade is an important part of the global economy, and its price fluctuations can have significant impacts on both producers and consumers of sugar. Key factors that influence the price of sugar include:
- Supply and demand: The balance between supply and demand is one of the most important factors influencing the price of sugar. Population growth, per capita incomes, alternative sweeteners and global health concerns can all impact sugar demand.
- Weather conditions: Adverse weather conditions and natural disasters such as hurricanes and droughts can disrupt sugar production and lead to shortages, which can drive up prices.
- Government policies: This can include trade tariffs and subsidies. For example, if a government imposes a tariff on sugar imports, it can make imported sugar more expensive and increase the demand for domestic sugar.
- Currency fluctuations: If the currency of a major sugar producer, such as Brazil or Thailand, weakens relative to other currencies, this can make sugar exports more competitive and lead to increased demand and higher prices.
- Biofuel demand: Since sugar is one of the most efficient sources of biomass for biofuel production, it can be directly impacted by any fluctuations in demand.
- Global economic trends: If global economic growth is strong, it can lead to increased demand for sugar in a variety of industries which can drive up prices, and vice versa.
How To Trade Sugar
If you want to start trading sugar at online brokers, there are some key ways to invest depending on your trading preferences and risk appetite:
- Futures: Futures trading involves buying or selling sugar contracts that specify a pre-determined date and price. Futures trading allows investors to manage risks by locking in prices for future delivery. Traders can also use futures to speculate on price fluctuations.
- Options: Options trading allows investors to purchase the right to buy or sell sugar at a specified price and time. This type of trading can also be used to manage price risks and benefit from market movements. This flexibility comes at a cost, known as a premium.
- Stocks: Investing in companies involved in sugar production is challenging because most businesses are privately owned. As a result, individuals can indirectly speculate on sugar prices by trading stocks like Tootsie Roll Industries (makes confectionary), Cosan (bioethanol and sugar), and The Hershey Company (major chocolate producer).
- ETFs: Exchange-traded funds that track the price of sugar and other commodities can be bought and sold like stocks, providing investors with exposure to the sugar market without having to buy or sell actual sugar. Popular sugar ETFs include CANE (Teucrium Sugar Fund).
- CFDs: Contracts for difference allow traders to speculate on rising and falling sugar prices. The leveraged derivative is widely available at online brokers.
How To Choose Sugar Brokers
- Market access: Choose brokers that offers access to the sugar market you want to trade in, such as the ICE futures market or other commodity exchanges.
- Commission and fees: Trading sugar futures contracts typically involve paying commissions, spreads and other fees. Choose brokers with competitive fees to help minimise your trading costs. Pepperstone, for instance, offers CFDs on London sugar with a minimum spread of 1.2 and 1:10 leverage. The contract size per lot is 1 metric tonne.
- Market data and analysis: The broker’s platform should provide access to real-time sugar price quotes and charts, as well as market news and analysis. This information can help you make informed trading decisions. Popular trading platforms including MT5 and cTrader are widely offered by top brokers in the UK. For example, Admiral Markets offers access to sugar CFDs on their MT5 platform.
- Regulation: Check that the broker is licensed by a regulatory authority in the jurisdictions where they operate. In the UK, top sugar brokers are regulated by the Financial Conduct Authority (FCA). This ensures that the brokerage adheres to strict regulatory standards and safeguards your trading account and funds.
Strategies For Sugar Trading
When trading sugar on a stable platform, investors have access to a range of tools to facilitate different strategies.
For example, trend following allows you to identify trends in the sugar market using technical indicators such as moving averages or trend lines. These can indicate optimum conditions for when to enter and exit trades.
Mean reversion refers to identifying overbought and oversold conditions in the sugar market and trading against the prevailing trend. Technical indicators such as the relative strength index (RSI) and Bollinger bands are useful here.
If you want to implement a breakout trading strategy to identify when the price of sugar breaks out of a typical range, you can use support and resistance levels, as well as indicators for volumes and volatility.
Seasonal trading, on the other hand, might work well for those who aim to follow the seasonal patterns and trends of the sugar market. For example, the sugar market tends to be more active during the Brazilian harvest season.
Similarly, news trading involves investing based on market news and events that can affect the price of sugar, such as changes in weather conditions, government policies, or supply and demand factors. Traders may use fundamental analysis to identify news events and enter trades based on the anticipated market reaction.
Another popular strategy is spread trading, whereby you can trade the price differential between two related sugar products, such as raw sugar and refined sugar. Fundamental analysis can also be used to identify price disparities and enter trades based on the anticipated convergence of prices.
Advantages Of Sugar Trading
- Diversification: Sugar is a commodity that is not directly correlated with other assets, such as stocks and bonds, making it a source of diversification.
- Transparency: The sugar market is generally transparent, meaning that prices and market information are readily available. This transparency can make it easier for traders to make informed decisions about when to buy or sell.
- Liquidity: The sugar market is relatively liquid, meaning that there is a high volume of trading activity. This can make it easier for traders to buy and sell sugar contracts quickly and at competitive prices.
- Leverage: Sugar contracts are often traded with leverage, meaning that traders can control a large position with a relatively small amount of capital. Leverage can amplify potential profits, but it can also lead to large losses.
- Global demand: Sugar is a widely consumed commodity with a generally consistent demand in the global market. This demand can help support sugar prices.
Risks Of Sugar Trading
- Weather and supply factors: The price of sugar is affected by weather conditions, crop yields, and other supply factors that are outside of a trader’s control. These factors can create uncertainty and make it harder to run price forecasts.
- Health trends: Increasing concerns about obesity may limit demand and impact portfolios that contain sugar investments.
- Regulatory risk: Sugar trading is subject to various regulations, both in the country of origin and in the markets where it is traded. Any changes in local laws can have an impact on sugar prices and trading activity.
- Substitutes: Rising demand for sugar substitutes, including stevia and aspartame, may reduce demand for sugar and negatively impact prices.
- Volatility: The sugar market can be highly volatile, meaning that prices can fluctuate rapidly and unpredictably. Whilst volatility can create opportunities to profit, it can also increase your risk of losses.
Sugar Trading Hours
The trading hours for sugar vary depending on the exchange and the specific contract being traded. Below are the typical trading hours for the major sugar contracts:
- ICE Sugar No. 11: This is the world benchmark for raw sugar trading. Opening hours are 8:30 am to 6:30 pm GMT.
- ICE Sugar No. 16: This contract prices raw cane sugar in the United States. Trading hours are 2:00 pm to 6:00 pm GMT.
- ICE White Sugar Futures Europe: This is the global benchmark for the pricing of white sugar, and the trading hours are 8:45 am to 6:00 pm GMT.
These trading hours are subject to change, especially around holidays or during times of high volatility. Traders should check with their sugar brokers or the exchange for the most up-to-date trading hours and relevant market announcements.
Bottom Line On Sugar Trading
The sugar market is popular with traders looking to diversify their portfolios, hedge against inflation, or speculate on rising global economies. Sugar prices are influenced by various factors, including geopolitics, weather conditions, government subsidies and exchange rates.
Refer to our list of top UK brokers with sugar trading to get started.
FAQ
What Influences The Price Of Sugar?
The main factors that affect the price of sugar include weather conditions, supply and demand, government subsidies, Brazilian real and US dollar exchange rates, health trends, ethanol demand, and global economic conditions. Traders can stay up-to-date on the sugar market by following news releases, online market data and governmental websites.
How Can I Manage The Risks Of Sugar Trading?
Traders can mitigate the risks of sugar trading by using stop-loss orders and staying informed about market news and events. Traders can also invest in other commodities to diversify their portfolios.
What Are Popular Sugar Trading Strategies?
Common sugar trading strategies include trend following, mean reversion, breakout trading, seasonal trading, news trading, and spread trading. The best sugar trading brokers offer powerful platforms with a selection of technical and fundamental analysis tools to support sugar strategies.
What Are The Trading Hours For Sugar?
The trading hours for sugar vary depending on the exchange and the contract being traded. For example, typical trading hours for ICE Sugar No. 11 are 8:30 am to 6:30 pm UK time. Traders can check with sugar brokers or exchanges for the most up-to-date trading hours.
Article Sources
International Sugar Organisation (ISO)
Industrial sugar market report – Markets and Markets