White sugar: Most of the prices of sugar companies have lowered, and the spot market has declined slightly
89,469 
October 23, 2023, 5:20 PM White sugar: Most of the prices of sugar companies have lowered, and the spot market has declined slightly
Analysis of white sugar futures: On October 23, the opening price of the SR401 contract was 6813, the highest price was 6839, the lowest price was 6717, the position was 584002, the settlement price was 6782, yesterday's settlement: 6852, the decline: 70, and the daily trading volume: 648895 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/10/20 |
2023/10/23 |
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 |
7480 |
-20 |
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 |
7460 |
-20 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7480 |
7450 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7440 |
7440 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7480 |
7480 |
0 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7520 |
7520 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7600 |
7580 |
-20 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7380 |
7350 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7460 |
7440 |
-20 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6950 |
6950 |
0 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7350 |
7320 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
7040 |
7000 |
-40 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7160 |
7140 |
-20 |
Self-delivery from warehouse, 50kg |
White sugar spot market: The mainstream transaction price in China's white sugar market fell within a narrow range today. Among them, 7,400 -7440 yuan/ton in Northeast China, 7,400 - 7,480 yuan/ton in East China, 7,480 - 7,580 yuan/ton in Central China, 7,350 - 7,400 yuan/ton in North China, 7440 yuan/ton in South China, 6,950 - 7,320 yuan/ton in Northwest China, and 7,000 - 7,140 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 price of imported processed sugar at 7420 yuan/ton, an increase of 20 yuan/ton. Yingmao Group's new sugar quotation: Yingmao Kunming's quotation is 7050 yuan/ton, down 20 yuan/ton. Yingmao Dali's offer is 7000 yuan/ton, down 20 yuan/ton. Dafeng Yingmao's price is 7400 yuan/ton, which is stable. Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 7050 yuan/ton, down 20 yuan/ton; Nanhua Xiangyun quotation is 6970 yuan/ton, down 20 yuan/ton. Guangxi Nanhua quoted price of 7,230 - 7,240 yuan/ton, down 30 yuan/ton. Shandong Xingguang Sugar Industry's white sugar price is 7380 yuan/ton, which is stable.
White sugar market outlook forecast: The main contract price of white sugar 2401 did not fluctuate significantly at night trading last Friday, and the range of fluctuations was relatively narrow. Prices fell slightly at the beginning of early trading, but the decline was not large, and continued to weaken slightly in late afternoon. There is obvious open power on the disk, with open opening 24.2% compared with open opening 21.4% more. Technical aspects show that the Bollinger Band (13, 13, 2) has opened downward, and the spot price of white sugar continues to decline. Overall, in the short term, sugar prices may still be under pressure.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on October 23 was 7,059.94, down 8.85, or 0.13%. The white sugar index was lowered.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807