White sugar: Prices from sugar companies fluctuated up and down, and the spot market was partially lowered
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October 25, 2023, 5:41 PM White sugar: Prices from sugar companies fluctuated up and down, and the spot market was partially lowered
Analysis of white sugar futures: On October 25, the opening price of the SR401 contract was 6781, the highest price was 6846, the lowest price was 6767, the position was 584186, the settlement price was 6810, yesterday's settlement: 6752, the increase: 58, and the daily trading volume: 512830 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/10/24 |
2023/10/25 |
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 |
7480 |
7450 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7450 |
7420 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7460 |
7430 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7440 |
7450 |
10 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7480 |
7460 |
-20 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7520 |
7520 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7580 |
7580 |
0 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7400 |
7360 |
-40 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7350 |
7350 |
0 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7440 |
7440 |
0 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6950 |
6850 |
-100 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7320 |
7320 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
6980 |
6950 |
-30 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7140 |
7130 |
-10 |
Self-delivery from warehouse, 50kg |
White sugar spot market: Today, the mainstream transaction price in China's white sugar market is mainly stable. Among them, 7,400 -7440 yuan/ton in Northeast China, 7,400 - 7,470 yuan/ton in East China, 7,460 - 7,580 yuan/ton in Central China, 7,350 - 7,360 yuan/ton in North China, 7440 yuan/ton in South China, 6,850 - 7,320 yuan/ton in Northwest China, and 6,950 - 7,130 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. Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 7010 yuan/ton, down 10 yuan/ton; Nanhua Xiangyun quotation is 6940 yuan/ton, down 10 yuan/ton. Guangxi Nanhua quoted price of 7,180 - 7,200 yuan/ton, down 40 yuan/ton. Shandong Xingguang Sugar Industry's white sugar price is 7400 yuan/ton, an increase of 20 yuan/ton. Yingmao Group's new sugar quotation: Yingmao Kunming's quotation is 7020 yuan/ton, down 10 yuan/ton. Yingmao Dali quoted price of 6970 yuan/ton, down 10 yuan/ton. Dafeng Yingmao's price is 7400 yuan/ton, which is stable.
White sugar market outlook forecast: After the futures price of the main contract of white sugar 2401 fluctuated slightly at night, the futures price climbed and rose above the 6800 mark. Starting from early trading, late prices continued to operate in a narrow range based on night trading, and the fluctuation range of iterative afternoon futures prices narrowed, but the overall daytime period was mainly above 6800. The technical level shows that the opening of the third track of the Bollinger Band (13, 13, 2) has narrowed. The performance of the white sugar spot market is still weak, with most prices lowered. Overall, white sugar prices may still be concentrated at a narrow low level in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on October 25 was 7,048.4, down 10.77, or 0.15%. The white sugar index was lowered.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807