Sugar Prices Surge Past $18.88, Eyeing $19.23 and Beyond

by Yuki

Sugar prices have surged past the $18.88 mark, reaching a new positive target of $19.23. Analysts predict that the bullish trend will likely continue, with potential resistance levels at $19.60 and $20.04 in the near future.

The upward trend is expected to persist in the coming period, although a decline below $18.88 could reverse the current bullish momentum and exert downward pressure on prices.

For today, the anticipated trading range for sugar is between $18.95 as the support level and $19.70 as the resistance level.

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