ICE Futures sugar markets slipped 0.5% to 21.12 cents per pound amid improved monsoon forecasts for India. However, the medium-term technical outlook still shows upward momentum, with demand from Asian markets expected to rise sharply in the next six months. More: Vanilla Ice, Teenage Mutant Ninja Turtle rock out at Trump New Year’s Eve party at Mar-a-Lago This record-setting activity reflects a heightened demand for robust risk management tools among investors and commercial entities. In an environment marked by persistent global economic uncertainties and evolving supply chains, market participants are increasingly leveraging ICE's platforms to hedge exposure, manage volatility, and optimize commodity flows. The immediate implication is a more transparent and efficient futures market, offering deeper liquidity and clearer price signals for a vast array of global benchmarks. Brent crude on ICE Futures tested $82 support before recovering, forming a bullish hammer on daily charts. Increased demand from Asia bolsters sentiment for Q3 price appreciation.
