White sugar: The prices of sugar companies fluctuated slightly, and the spot market stabilized prices
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November 8, 2023, 4:56 PM White sugar: The prices of sugar companies fluctuated slightly, and the spot market stabilized prices
Analysis of white sugar futures: On November 8, the opening price of the SR401 contract was 6950, the highest price was 6950, the lowest price was 6894, the open position was 590262, the settlement price was 6928, yesterday's settlement was 6949, down: 21, and daily trading volume was 317471 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/11/7 |
2023/11/8 |
rise and fall |
remarks |
|
northeast |
Changchun |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7460 |
7460 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7430 |
7430 |
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 |
7400 |
7400 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7430 |
7430 |
0 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7480 |
7480 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7550 |
7550 |
0 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7350 |
7350 |
0 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7320 |
7320 |
0 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7410 |
7410 |
0 |
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 |
7000 |
7000 |
0 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7160 |
7160 |
0 |
Self-delivery from warehouse, 50kg |
White sugar spot market: The mainstream transaction price in China's white sugar market is stable today. Among them, 7,380 - 7,460 yuan/ton in Northeast China, 7,400 - 7,460 yuan/ton in East China, 7,430 - 7,550 yuan/ton in Central China, 7,320 - 7,350 yuan/ton in North China, 7410 yuan/ton in South China, 6,800 - 7,330 yuan/ton in Northwest China, and 7,000 - 7,160 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 6980 yuan/ton, up 10 yuan/ton; Guangxi Nanhua quotation is 7230 yuan/ton, stable. 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 7090 yuan/ton, an increase of 30 yuan/ton. Yingmao Dali's price is 7010 yuan/ton, which is stable. Dafeng Yingmao's price is 7400 yuan/ton, which is stable. Shandong Xingguang Sugar Industry's white sugar price is 7370 yuan/ton, down 20 yuan/ton.
White sugar market outlook forecast: The futures price of the main contract of white sugar 2401 adjusted within a narrow range at night, and the direction of fluctuations in the futures price is still lacking. The late price weakened slightly in early trading and fell below the 6900 mark, but the decline was not large. The afternoon price returned to the opening position for shock consolidation until the end. The technical level shows that the Bollinger Band (13, 13, and 2) has opened in three tracks, and the market's transactions continue to be bullish, with 23.1% more open and 15.5% less open. The spot market price of white sugar declined slightly, and the two markets are now slightly divided. 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 8 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