White sugar: Sugar companies mainly quoted prices to stabilize prices, and the spot market rose slightly
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November 7, 2023, 5:30 PM White sugar: Sugar companies mainly quoted prices to stabilize prices, and the spot market rose slightly
Analysis of white sugar futures: On November 7, the opening price of the SR401 contract was 6932, the highest price was 6976, the lowest price was 6918, the position was 595145, the settlement price was 6949, yesterday's settlement: 6903, up: 46, and daily trading volume: 382336 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/11/6 |
2023/11/7 |
rise and fall |
remarks |
|
northeast |
Changchun |
7450 |
7460 |
10 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7420 |
7430 |
10 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7420 |
7430 |
10 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7400 |
7410 |
10 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7380 |
7400 |
20 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7420 |
7430 |
10 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7480 |
7480 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7520 |
7550 |
30 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7320 |
7350 |
30 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7300 |
7320 |
20 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7380 |
7410 |
30 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6800 |
6800 |
0 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7330 |
7330 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
6980 |
7000 |
20 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7140 |
7160 |
20 |
Self-delivery from warehouse, 50kg |
White sugar spot market: The mainstream transaction price in China's white sugar market increased slightly today. Among them, 7380- 7,450 yuan/ton in Northeast China, 7380- 7,460 yuan/ton in East China, 7,420 - 7,520 yuan/ton in Central China, 7,300 - 7,320 yuan/ton in North China, 7380 yuan/ton in South China, 6,800 - 7,330 yuan/ton in Northwest China, and 6,980 - 7,140 yuan/ton in Southwest China. Quotation from processing sugar companies: Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 7040 yuan/ton, stable; Nanhua Xiangyun quotation is 6970 yuan/ton, up 10 yuan/ton. Guangxi Nanhua quoted 7230 yuan/ton, up 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 7060 yuan/ton, increased by 10 yuan/ton. Yingmao Dali's price is 7010 yuan/ton, which is increased by 10 yuan/ton. Dafeng Yingmao's price is 7400 yuan/ton, which is stable. Shandong Xingguang Sugar Industry's white sugar price is 7390 yuan/ton, which is stable.
White sugar market outlook forecast: The main contract of White Sugar 2401 fluctuated within a narrow range at night, and the range of fluctuations narrowed. Prices rose slightly in the early trading period, and prices in the afternoon futures were consolidated at relatively high levels until the end. There is a certain trend of over-opening transactions, with over-opening 22.4% vs. under-opening 18.5%. The technical level shows that the three-track openings of the Bollinger Band (13, 13, 2) diverge. The price of white sugar spot market also showed a slight upward trend, but some companies still stabilized prices and waited and saw. Overall, white sugar prices may continue to operate strongly in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on November 7 was 7,038.02, up 8.46, or 0.12%, and the white sugar index rose.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807