Sugar Price Analysis Expected Scenario Sugar price has resumed its negative trades, moving away from the 19.82$ level. This reinforces the expectations of continuing the bearish trend on the intraday and short-term basis. It is waiting to test 18.50$, representing the first target, with the possibility of further decline towards 17.35$. Expected Trading Range Between the support at 19.60$ and the resistance at 19.40$.
Trend Forecast: Bearish