….sugar, March09 contract.
Updating the series, as your humble correspondent still has that half position in CZZ. Cosan has faded from the $3.70-what-seems-like-a-kind-of-equilibrium point and closed $3.43 during the general broad market malaise yesterday. No sweating here, as the position was taken at $2.84 back in December. The pressure is off if you buy right, y’see.
Anyway enough of my horntootin’, the chart still has sugar on the uptrend and so nothing much to fret…would like to see $13.50 in the next week or so, though. Vamos a verrrrrrrrr……..