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CKA Uber
CKA Uber
 Vancouver Canucks
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PostPosted: Fri Oct 10, 2008 9:12 am
 


Toro Toro:
Tricks Tricks:
I doubt sugar is dropping. Not with the shortage they had in the states, they opened up the border to Canada and Mexico, that doesn't happen very often. Corn is probably pretty high as well.


Sugar is dropping, trust me.

I got margined out of all my sugar futures contracts! :D
Even after the Border opening? Why is that?


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Forum Super Elite
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PostPosted: Fri Oct 10, 2008 4:25 pm
 


Tricks Tricks:
Toro Toro:
Tricks Tricks:
I doubt sugar is dropping. Not with the shortage they had in the states, they opened up the border to Canada and Mexico, that doesn't happen very often. Corn is probably pretty high as well.


Sugar is dropping, trust me.

I got margined out of all my sugar futures contracts! :D
Even after the Border opening? Why is that?


Its dropping because the commodity funds are being liquidated and the price of oil is dropping like a stone. Sugar is used in ethanol around the world. The lower the price of oil, the price of ethanol has to follow.

Why do you think the price would go up?


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