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EWZS - Sugar Sits At 12.50 Cents On Strength In Ethanol And An Uptick In The Brazilian Real
iShares MSCI Brazil Small-Cap ETF
So far in 2019, the price of nearby sugar futures that trade on the Intercontinental Exchange in the soft commodity sector of the raw materials asset classes have been in a range from 11.36 to 13.50 per pound. The trading band has been narrow at 2.14 cents over the first almost six months of this year. The range since the 1970s has been from 2.29 cents to 66 cents per pound, which is a testament to the potential for volatility in the sugar futures market.