Despite the markets being mostly flat towards the end of today's trading session, Coffee, Heating Oil, Sugar have end the day as top gainers.
Markets are mixed with Live Cattle trades at $160.38 after losing 4.31%. Corn slipping 4% and closing at $627.5.
Current market events are being influenced by ambiguous macro data as highly important Crude Oil Inventories data from United States beat analyst expectations of -2.33 million with a reading of -3.74 million.
+3.06%: commodity traders stay bullish as ICE Coffee adds $5.35 or 3.06%
This session seems to remain in the same lane for now — after closing the previous trading day at $174.85, Coffee is up to $180.2 per pound, which makes for a move of 3.06%/$5.35 today.
Heating Oil | +2.71%; session high: $2.74 session low: $2.66
The commodity has been trending lower for about 2 months.
+2.09%: commodity traders stay bullish as the ICE Sugar future adds 47 cents or 2.09%
Today's session so far looks to be heading in the same direction — after closing the previous trading day at $22.47, Sugar is up to $22.94 per pound, which makes for a move of 2.09%/47 cents today.