White sugar: Prices from sugar companies lowered slightly, and the spot market fell partially
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October 27, 2023, 4:53 PM White sugar: Prices from sugar companies lowered slightly, and the spot market fell partially
Analysis of white sugar futures: On October 27, the opening price of the SR401 contract was 6790, the highest price was 6806, the lowest price was 6749, the open position was 572416, the settlement price was 6778, yesterday's settlement: 6804, down: -26, and daily trading volume: 510974 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/10/26 |
2023/10/27 |
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 |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7420 |
7420 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7440 |
7420 |
-20 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7500 |
7500 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7550 |
7550 |
0 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7360 |
7360 |
0 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7310 |
7310 |
0 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7420 |
7390 |
-30 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6820 |
6800 |
-20 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7300 |
7300 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
6940 |
6920 |
-20 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7100 |
7080 |
-20 |
Self-delivery from warehouse, 50kg |
White sugar spot market: The mainstream transaction price in China's white sugar market dropped slightly today. Among them, 7,400 - 7,440 yuan/ton in Northeast China, 7,400 - 7,470 yuan/ton in East China, 7420- 7,550 yuan/ton in Central China, 7,350 - 7,310 yuan/ton in North China, 7420 yuan/ton in South China, 6,800 - 7,300 yuan/ton in Northwest China, and 6,920 - 7,080 yuan/ton in Southwest China. Quotation from processing sugar companies: Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 6990 yuan/ton, down 20 yuan/ton; Nanhua Xiangyun quotation is 6910 yuan/ton, down 20 yuan/ton. Guangxi Nanhua quoted price of 7,130 - 7,150 yuan/ton, down 30 yuan/ton. Shandong Xingguang Sugar Industry's white sugar price is 7360 yuan/ton, down 20 yuan/ton. COFCO (Tangshan) Sugar Co., Ltd. quoted 7360 yuan/ton for imported processed sugar, which is stable. COFCO (Liaoning) Sugar Co., Ltd. quoted price of imported processed sugar at 7380 yuan/ton, which is stable. Yingmao Group's new sugar quotation: Yingmao Kunming's quotation is 6990 yuan/ton, down 20 yuan/ton. Yingmao Dali quoted price of 6940 yuan/ton, down 20 yuan/ton. Dafeng Yingmao's price is 7380 yuan/ton, which is stable.
White sugar market outlook forecast: The futures price of the main contract of white sugar 2401 is mainly operating in a narrow range at night, and the direction of fluctuations in the futures price is not obvious. The price fell slightly in the early session and began to fluctuate at the 6760 line. The futures price rebounded in the afternoon, but the intensity was insufficient. The technical level shows that the opening of the third track of the Bollinger Band (13, 13, 2) is gradually downward. The spot market for white sugar continues to decline, and the spot market reports that the pace of shipments is not good. Overall, the price of white sugar 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 27 was 7,034.94, down 4.23, or 0.06%, and the white sugar index was lowered.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807