White sugar: Sugar companies lowered their prices, and spot prices fell
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June 2, 2023, 5:42 PM White sugar: Sugar companies lowered their prices, and spot prices fell
Analysis of white sugar futures: On June 2, the opening price of the SR309 contract was 6932, the highest price was 6943, the lowest price was 6666, the position was 565600, the settlement price was 6761, yesterday's settlement: 6866, the decline: 105, and the daily trading volume: 1626488 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/6/1 |
2023/6/2 |
rise and fall |
remarks |
|
northeast |
Changchun |
7370 |
7360 |
-10 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7320 |
7320 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7360 |
7340 |
-20 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7300 |
7300 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7370 |
7360 |
-10 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7270 |
7270 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7280 |
7260 |
-20 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7330 |
7320 |
-10 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7290 |
7290 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7250 |
7250 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7360 |
7300 |
-60 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7360 |
7310 |
-50 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7380 |
7370 |
-10 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7390 |
7360 |
-30 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7350 |
7310 |
-40 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7290 |
7280 |
-10 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6700 |
6650 |
-50 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7330 |
7330 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
6930 |
6930 |
0 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7040 |
7040 |
0 |
Self-delivery from warehouse, 50kg |
White sugar spot market: Mainstream transaction prices in China's white sugar market fell today. Among them, 7,320 - 7,360 yuan/ton in Northeast China, 7,250 - 7,360 yuan/ton in East China, 7,300 - 7,370 yuan/ton in Central China, 7,390 - 7,390 yuan/ton in North China, 7,280 - 7,280 yuan/ton in South China, 6,700 - 7,200 yuan/ton in Northwest China, and 7,020 - 7,130 yuan/ton in Southwest China. Quotation from processing sugar companies: Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 6960 yuan/ton, down 30 yuan/ton; Nanhua Xiangyun quotation is 6930 yuan/ton, down 30 yuan/ton. Guangxi Nanhua quoted price of 7,070 - 7,140 yuan/ton, down 50 yuan/ton. Nanhua Jiangsu Town quoted 7220 yuan/ton, down 50 yuan/ton. The price of imported processed sugar by Liaoning COFCO is 7280 yuan/ton, down 20 yuan/ton. COFCO (Tangshan) Sugar Co., Ltd. quoted price of imported processed sugar at 7250 yuan/ton, down 50 yuan/ton. Shandong Xingguang Sugar's white sugar quoted price is 7270 yuan/ton, down 30 yuan/ton.
White sugar market outlook forecast: The main contract of white sugar fell and fell significantly. While the overall commodity sentiment rebounded for two consecutive days, white sugar futures prices were weak, with the market opening dominant, with 24.1% opening higher than 22.6%. The sharp rise in crude oil prices has also failed to boost sugar. Data released by Brazilian shipping agency Williams showed that there were 72 ships waiting to ship sugar in Brazilian ports in the week ending May 31, with 3.0544 million tons of sugar waiting to be shipped. Brazilian sugar exports accelerate. At present, the overall sugar market is under pressure, and it is expected that there will still be pressure on white sugar in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on June 2 was 6,944.48, down 11.92, or 0.17%. The white sugar index was lowered.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807