White sugar: Sugar companies 'quotations have been raised individually, and the spot market has remained stable
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November 2, 2023, 5:16 PM White sugar: Sugar companies 'quotations have been raised individually, and the spot market has remained stable
Analysis of white sugar futures: On November 2, the opening price of the SR401 contract was 6816, the highest price was 6858, the lowest price was 6805, the position was 572117, the settlement price was 6831, yesterday's settlement: 6802, up: 29, daily trading volume: 426073 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/11/1 |
2023/11/2 |
rise and fall |
remarks |
|
northeast |
Changchun |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7390 |
7390 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7450 |
7450 |
0 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7290 |
7290 |
0 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7250 |
7250 |
0 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7350 |
7350 |
0 |
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: The mainstream transaction price in China's white sugar market remained stable today. Among them, 7,380 - 7,420 yuan/ton in Northeast China, 7,360 - 7,460 yuan/ton in East China, 7,400 - 7,450 yuan/ton in Central China, 7,250 - 7,290 yuan/ton in North China, 7330 yuan/ton in South China, 6,800 - 7,280 yuan/ton in Northwest China, and 6,920 - 7,070 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 quoted 7190 yuan/ton, an increase of 10 yuan/ton. COFCO (Tangshan) Sugar Co., Ltd. quoted 7350 yuan/ton for imported processed sugar, which is stable. COFCO (Liaoning) Sugar Co., Ltd. quoted 7360 yuan/ton for imported processed sugar, 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. Shandong Xingguang Sugar's white sugar quoted price is 7370 yuan/ton, an increase of 10 yuan/ton.
White sugar market outlook forecast: The overall futures price of the main contract of white sugar 2401 remained mainly volatile at night, and the direction of intra-market fluctuations was unclear. The price rose slightly in the morning and later periods, and the overall price fluctuated around the 6845 line in the afternoon. There was a bullish trend in transactions, with 24.6% opening higher than 22.2% opening lower. The technical level shows that the opening of the three rails of the Bollinger Band (13, 13, 2) is parallel. The prices in the white sugar spot market are chaotic, with individual increases and individual downgrades coexisting, and some prices stabilize and wait and see. Overall, the price of white sugar may continue to adjust slightly in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on November 2 was 7,007.25, down 0%, and the white sugar index remained unchanged.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807