White sugar: The prices of sugar companies are stable, and the spot prices are mainly stable
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October 31, 2023, 5:10 PM White sugar: The prices of sugar companies are stable, and the spot prices are mainly stable
Analysis of white sugar futures: On October 31, the opening price of the SR401 contract was 6850, the highest price was 6856, the lowest price was 6772, the position was 559350, the settlement price was 6806, yesterday's settlement: 6817, down: 11, and daily trading volume: 410582 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/10/30 |
2023/10/31 |
rise and fall |
remarks |
|
northeast |
Changchun |
7440 |
7440 |
0 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7420 |
7420 |
0 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7420 |
7420 |
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 |
7410 |
7410 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7420 |
7420 |
0 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7530 |
7530 |
0 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7320 |
7320 |
0 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7280 |
7280 |
0 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7390 |
7370 |
-20 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6800 |
6800 |
0 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7280 |
7280 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
6920 |
6920 |
0 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7070 |
7070 |
0 |
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 - 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, stable; Nanhua Xiangyun quotation is 6910 yuan/ton, stable. Guangxi Nanhua's price is 7,130 - 7,150 yuan/ton, which is stable. 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, which is stable. Yingmao Dali's price is 6940 yuan/ton, which is stable. Dafeng Yingmao's price is 7380 yuan/ton, which is stable. Fujian Sugar Industry (Zhangzhou Magnolia) quoted price of imported processed sugar at 7310 yuan/ton.
White sugar market outlook forecast: The main contract price of white sugar 2401 opened higher and lower at night, and there was a clear downward trend on the market. The price weakened further in the early trading session, falling below the 6800 mark across the board. After that, the shock consolidation was mainly concentrated. The afternoon futures price also fluctuated within a narrow range, and the main contract showed a significant reduction in position. The technical level shows that the middle and lower tracks of the Bollinger Bands (13, 13, 2) have the intention of turning downward. The spot market price of white sugar continues to be stable. Overall, the price of white sugar may continue to show a narrow consolidation trend in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on October 31 was 7,021.86, down 0.77, or 0.01%. The white sugar index fell slightly.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807