As of the week of Feb. 5, the most recent report available, total noncommercial positions shifted higher, to a three-week high, but remain near levels seen at the start of the crop year. Noncommercials added to both long and short positions in that week, but the net result was an increase of the net short position to a four-week high.

Total reported positions rose steadily in the last three reported weeks, to the highest level seen since early September.

CFTC is continuing its accelerated reporting following the 2018/19 shutdown, and commitments of traders data should be back on schedule in March.

Noncommercial positions for #11 world sugar

Source: CFTC, McKeany-Flavell
Posted by: Information Services
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