Sugar Exchanges
- Details
- Category: Commodity
Understanding Sugar Contracts
Like every commodity, sugar has its own ticker image, contract worth and margin requirements. To successfully commerce a commodity, it's essential to concentrate on these key elements and understand easy methods to use them to calculate your potential profits and loss.
The futures contract for sugar is traded at the Intercontinental Exchange (ICE), Brazilian Mercantile and Futures Alternate (BF&M), Kansai Commodities Exchange (KEX), Multi Commodity Exchange (MCX), National Commodity Change Limited (NCEL), National Commodities and Derivatives Change (NCDEX) and Zhengzou Commodity (CZCE) Exchange.
Information About Manufacturing
The method by which sugar is produced has modified little for the reason that 14th century. The natural sugar that's stored within the cane stalk or beet root is separated from the remainder of the plant material. For sugar cane, processing involves extracting the juice, creating and crystallizing a thick syrup, spinning the crystals to produce uncooked sugar, and sending the uncooked sugar to a refinery for last processing and packaging. Beet sugar processing usually is achieved in one continuous course ofwithout the uncooked sugar stage.
Sugar seems in numerous kinds, akin to sugar cane, sugar beet, honey, maple syrup and more. Its distinctive property as a simple carbohydrate offers it the distinct skill to make taste buds interpret it as sweet. White sugar is a refined sugar that is derived from sugar cane and sugar beets, and is bought in lots of granule sizes starting from coarse to superfine.
Sugar cane dominates as the world's main supply of sugar, covering 78% of the market, with sugar beets following in second place. Worldwide sugar manufacturing in 2006 and 2007 reached a record 161 million tons, with Brazil leading the best way with 33 million tons, India a close second with 27 million tons and the European Union (EU) working a distant third with 16 million tons of sugar production.