Арилжаа Sugar US CFD
Price constructed using front two months of US Sugar futures.Each day at 16:59:55 UTC, the undated commodity price is adjusted to reflect the difference between the settlement price of front- and back-month futures. At the same time, a matching cash adjustment is applied — ensuring the overall position remains neutral as the roll progresses. This cash adjustment is fully offset by the running profit or loss on the position.
Sugar No. 11 is traded on the New York Board of Trade (NYBOX). One Sugar No.11 contract is equal to 112,000 pounds. The number “11” means the way of handling shipping costs between the contract’s parties – the seller and the buyer. Sugar No.11 is delivered “FOB” (Free on Board). It means that the seller bears the cost of sugar shipment to a port and cargo loading. Sugar No.11 may have various origins, including 28 possible countries of origin.