{"id":511715,"date":"2023-01-30T12:02:42","date_gmt":"2023-01-30T12:02:42","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=511715"},"modified":"2023-01-30T12:02:54","modified_gmt":"2023-01-30T12:02:54","slug":"how-to-start-trading-sugar","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/how-to-start-trading-sugar\/","title":{"rendered":"How To Start Trading Sugar"},"content":{"rendered":"\n

In our guide to trading sugar<\/strong>, we will go over how to start trading this commodity and provide a list of regulated commodity brokers.<\/p>\n\n\n\n

Sugarcane is produced in more than 130 countries and almost 70% of it is produced in its country of origin. The sugar market is constantly growing with an array of demand and supply impacts\u2013an attractive proposition for investors and traders alike.\u00a0<\/p>\n\n\n\n

The global consumption of sugar <\/a>was almost 171.69 million metric tons in 2020 and is projected to grow to 178.84 million metric tons in the next few years. Sugar futures are a prospective asset in world economics, let\u2019s learn the basics of sugar trading and how to start investing in the stock market.\u00a0<\/p>\n\n\n\n\n\n\n\n

How To Start Sugar Trading\u00a0<\/h2>\n\n\n
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There is no specific trading manual that guarantees returns. A process of trial and error and an in-depth analysis can maximize profits. We have outlined a basic step-by-step guide to start your sugar trading journey.\u00a0<\/p>\n\n<\/div><\/div><\/div>\n\n

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\"Sugar<\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n<\/div><\/div>\n\n\n

1. Choose A Sugar Trading Asset\u00a0<\/h3>\n\n\n\n

Sugar futures are the most common way to trade in the market although they are not the only options. The trading asset will depend upon whether you want to own the underlying asset.\u00a0<\/p>\n\n\n\n

There are numerous sugar trading options such as sugar futures, CFDs, sugar options, shares and ETFs that have their assets and liabilities. An accessible way to be involved in the sugar trading company is to invest in shares and subsequently branch out into sugar futures.\u00a0<\/p>\n\n\n\n

2. Find A Commodity Broker<\/h3>\n\n\n\n

To facilitate your trades successfully, find a commodities broker. You will need a brokerage – the online storefront where you purchase commodities, stocks, futures, exchange-traded funds (ETFs), and other investments.\u00a0<\/p>\n\n\n\n

When you\u2019re choosing a broker, it is imperative to find one that is trustworthy and reliable. Spend time researching the brokerage firm or check out our list of the best commodity trading platforms<\/a>.<\/p>\n\n\n\n

For a sugar commodity, review other aspects like whether they offer a competitive fee structure, leverage opportunities, account specifications, and deposit and withdrawal methods. <\/p>\n\n\n\n

3. Open A Brokerage Account\u00a0<\/h3>\n\n\n\n

After you find a reliable broker, it is time to sign up for a brokerage account. Opening a brokerage account does not mean you start trading, it just gives you the option to do so once you\u2019re ready.\u00a0<\/p>\n\n\n\n

Brokerage firms have different minimum deposit requirements before you can go ahead. These will include identity verification and brokerage fees that will vary depending on the firm.\u00a0<\/p>\n\n\n\n

4. Set a Trading Budget\u00a0<\/h3>\n\n\n\n

A trading budget allows you to exercise your strategy needs, without facing extreme losses. Even if you\u2019re great at trading, you should not put more than 10% of your portfolio in one trade.\u00a0<\/p>\n\n\n\n