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1.4.21 10:00_Signal update Sugar 11 Short from 29.3. 12:59_TAKE PROFIT
SIGNAL TERMINATION – SUGAR 11 SHORT – TAKE PROFIT
ORIGINAL TEXT: Sugar 11 Short. The most active futures for raw sugar 11 in mid-March changed direction, entered a downward trend and continue bearish dynamics. Weak oil prices have a major impact on ethanol prices and thus sugar prices, and may force Brazilian sugar factories to divert more cane to sugar production rather than ethanol, which will logically increase its supply. In addition, higher sugar production in India, which is the world’s second largest exporter of sugar, is negative for sugar prices. The Indian Confectionery Association announced last week that India’s sugar production had risen by 20% year on year to 25.87 MMT as of October 15, 2020. The outlook for February 11 this year predicts that sugar production in India will increase by another 9% year-on-year to 29.9 MMT in the 2020/21 season.
7.6.21 9:46_Signal update Silver Short from 28.5. 9:39_TAKE PROFIT
SIGNAL TERMINATION - SILVER SHORT - TAKE PROFIT
7.6.21 9:44_Signal update USD/JPY Long from 29.4. 10:32_TAKE PROFIT
SIGNAL TERMINATION - USD/JPY LONG - TAKE PROFIT
1.6.21 13:31_Signal update Vixx Short from 24.5. 19:51_TAKE PROFIT
SIGNAL TERMINATION - VIXX SHORT - TAKE PROFIT