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The role of raw sugar futures
This function is as follows:

1, ICE(NYBOT) is the largest sugar futures market in the world, and NYBOT ranks among the top ten agricultural futures options markets in the world according to its total trading volume of sugar futures options contracts. The raw sugar trading volume of ICE American Futures ExchangeNo. 1 1 is equivalent to 6 times of 1 1 and the global production. 2、

According to the analysis of the price fluctuation of raw sugar in ice since 2006, the highest price of raw sugar futures is 201kloc-0/3 1 cent/pound on February 35, and the lowest price is 8.56 cents/pound on July 2007, with a spread of about 4 1 times, which is very active but stable.

3. The correlation coefficient between 3.NYBOT raw sugar futures price and spot price is very high, reaching above 0.8, and the price discovery function of futures market has been well played.