Sugar Price Analysis Expected Scenario Sugar price has successfully achieved our awaited target at $21.35 and closed the daily candlestick below it. This supports the chances of continuing the bearish trend and heading towards the target levels of $21.00 followed by $20.50.

Therefore, the bearish trend is expected to remain dominant in the upcoming sessions. However, it's important to note that breaching $21.65 will halt the expected decline and lead the price to initiate recovery attempts on the intraday basis.

Expected Trading Range Between the support at $20.90 and the resistance at $21.55

Trend Forecast: Bearish