Super busy week in New York. Great to come to a country where capitalism still runs the economy. So many positive traders looking for the next trade. Brokers serve a vital role in oiling the wheels of trading.
@tleilax___ Beware of the broker who is only interested in self interest. The reputable broker delves deep to uncover the truth. The Firm may try whip a frenzy about El Nino but it is worth pausing for breath and looking at the agricultural basis for their arguments.
@tleilax___ Good to see some of the blue-chip banks finally wakening up to the opportunities. The more participants the better. Sugar is an efficient market to trade and the analysis provided by the brokers puts other markets to shame.
@tleilax___ India will import for the domestic mkt within the next 12 months - maybe sooner. El Nino is a real threat to India. Stocks are tight. OGL could unleash a significant whites import program to feed the populace and avoid shortages. Poor monsoon will be the trigger.
@TrivPursuits@ARealSugarExprt A pointless discussion. Clients only care about the high quality speakers at an industry symposium. Provide stimulating presenters that is sufficient.
@theupsettrader Brokers never question the decision to trade. Everyone has their own reasons. Nobody ever goes bankrupt taking a profit - maybe you are upset because you haven't seen one recently?
@TrivPursuits@ARealSugarExprt Trivial Pursuits - very apt. At the end of the quarter when commission bonuses are paid I will not be questioning the decision to focus on the market. Long live golf - it gives the hard working brokers an open goal. #Graft
@NotWilmarSugar@rahilshaikhMEIR To so easy for the traders to pontificate about their competitors. Brokers don't take sides. We are here to facilitate trades whilst earning our well earned commission. Congratulations to those who had the conviction to hold positions into expiry
@ARealSugarExprt Technically its not a European white sugar contract as deliveries can be made at any safe world port. Same with the NY #11 world raws contract. Always best to get details right.
@ARealSugarExprt Broking in the sugar market is easy when the competition are constantly out on a golf course. How do they expect to make money when they are not at their desk. The golfing brokers give us hard working brokers who organise symposiums to help clients a bad name.