Coffee rising especially if you want sugar in it

Coffee has taken the baton from sugar and raced higher yesterday on concerns that frost may hit growing regions in Brazil over the coming days. Sugar meanwhile continues to attract buyers but a record fund long has increased the risk of a correction. The involvement of hedge funds playing an important part on both commodities.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/coffee-rising-especially-if-you-want-sugar-in-it-7744348?utm_medium=tf4-feed&utm_source=extract