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Global View Sugar Market Report

Global View Sugar Report – 20th November 2019

By Michael McDougall

20th November 2019

Daily technical analysis of the global sugar markets from Mike McDougall, Managing Director of Paragon Global Markets.

Every picture tells a story. Well today’s story is long… Mike   Crude oil bounced back strongly today, regaining the uptrend. Support 56.59 Resistance 57.88 The Cushing oil stocks Sugar was up because Indian sugar production is slow off the mark, down 65% from last year The internal price has finally reacted a bit (+1.8%)

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