0R15 8535.0 0.4118% 0R1E 7610.0 -0.5489% 0M69 18520.0801 47.1015% 0R2V 221.36 9893.6795% 0QYR 1226.0 1.5321% 0QYP 430.5 2.0142% 0RUK None None% 0RYA 1268.0 0.4754% 0RIH 157.1 0.0% 0RIH 157.1 0.0% 0R1O 186.19 9977.9432% 0R1O None None% 0QFP None None% 0M2Z 267.95 -0.5105% 0VSO 27.75 -22.0615% 0R1I None None% 0QZI 525.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 166.79 0.8309%

Global Commodity Technical Analysis Report

Commodities Market Witnessed Recovery Rally, One Commodity Expected to Hold Support Level – US Sugar

Aug 27, 2024

sugar
Investment Type
Commodity
Risk Level
Action
Rec. Price (US$)

Global Commodity Market Wrap-Up

Last week, the metals market showed a clear positive trend. Gold exhibited resilience with a modest gain of 0.30%, while silver saw a notable increase of 3.37%. Base metals experienced robust results: copper rose by 2.75%, zinc gained 5.54%, and lead surged by 5.08%. This varied performance contrasts with the previous week's stability, reflecting a shift towards a more bullish sentiment in the metals market.

Last week, Natural Gas prices stayed mostly stable with a slight decline of -2.98%, likely due to supply changes or seasonal factors. Crude Oil prices also fell a bit by -0.94%, reflecting growing market confidence. In contrast, US Sugar prices in the agricultural sector rose by 2.00%, contributing to a positive trend in agricultural commodities amid the varied performance across different sectors.

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