Sugar is in contango since last 2 years and it remains in contango till march 2017. Since may 2017 and going on, it is in backwardation.
Does anyone understand this strange phenomenon?
When we arrive at march 2017 will it still be in backwardation or will turn again in contango?
How is it possible that the same commodity stays for a long period in contango and for another long period (not a few days or weeks) in backwardation?
I think that a certain commododity has its proper features so it is always in contango or always in backwaradtion (except brief speculative periods). Why not?
Does anyone understand this strange phenomenon?
When we arrive at march 2017 will it still be in backwardation or will turn again in contango?
How is it possible that the same commodity stays for a long period in contango and for another long period (not a few days or weeks) in backwardation?
I think that a certain commododity has its proper features so it is always in contango or always in backwaradtion (except brief speculative periods). Why not?
Sugar and not only
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