White sugar: The quotations of individual sugar companies fluctuate, and the spot market operates at stable prices
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October 19, 2023, 5:10 PM White sugar: The quotations of individual sugar companies fluctuate, and the spot market operates at stable prices
Analysis of white sugar futures: On October 19, the opening price of the SR401 contract was 6825, the highest price was 6894, the lowest price was 6760, the position was 578081, the settlement price was 6831, yesterday's settlement: 6820, the increase: 11, and the daily trading volume: 748344 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/10/18 |
2023/10/19 |
rise and fall |
remarks |
|
northeast |
Changchun |
7440 |
7440 |
0 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7470 |
7470 |
0 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7500 |
7500 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7480 |
7480 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7480 |
7480 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7440 |
7440 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7490 |
7490 |
0 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7500 |
7520 |
20 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7600 |
7600 |
0 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6950 |
6950 |
0 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7350 |
7350 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
7040 |
7040 |
0 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7180 |
7180 |
0 |
Self-delivery from warehouse, 50kg |
White sugar spot market: The mainstream transaction price in China's white sugar market remained basically unchanged today. Among them, 7,400 - 7,440 yuan/ton in Northeast China, 7,400 - 7,500 yuan/ton in East China, 7,490 - 7,600 yuan/ton in Central China, 7,400 - 7,430 yuan/ton in North China, 7460 yuan/ton in South China, 6,950 - 7,350 yuan/ton in Northwest China, and 7,040 - 7,180 yuan/ton in Southwest China. Quotation of processing sugar companies: COFCO (Tangshan) Sugar Co., Ltd. quoted 7380 yuan/ton for imported processed sugar, which is stable. COFCO (Liaoning) Sugar Co., Ltd. quoted 7400 yuan/ton for imported processed sugar, which is stable. Yingmao Group's new sugar quotation: Yingmao Kunming's quotation is 7100 yuan/ton, which is stable. Yingmao Dali's price is 7050 yuan/ton, which is stable. Dafeng Yingmao quoted 7400 yuan/ton, up 20 yuan/ton. Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 7070 yuan/ton, which is stable; Nanhua Xiangyun quotation is 7020 yuan/ton, which is stable. Guangxi Nanhua quoted price of 7,280 - 7,000 yuan/ton, down 100 yuan/ton.
White sugar market outlook forecast: The futures price of the main contract of white sugar 2401 opened higher and lower at night, and the futures price showed a clear downward trend. The market reversed after the beginning of early trading, and the upward trend exceeded the night high and continued to rise. The afternoon futures price fluctuated within a narrow range at a relatively high level during the day. The technical level shows that the three-track opening of the Bollinger Band (13, 13, and 2) is parallel, the daily KD line is the first to cross, and the trend of MACD dead fork is narrowing. The spot market price of white sugar is mixed, with some price increases, and some regions still have a downward trend. Overall, the price of white sugar may be expected to rise slightly further in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on October 19 was 7,071.87, up 0.77, or 0.01%, and the white sugar index rose slightly.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807