White sugar: Sugar companies mainly offer stable prices, and the spot market is operating smoothly
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November 9, 2023, 5:38 PM White sugar: Sugar companies mainly offer stable prices, and the spot market is operating smoothly
Analysis of white sugar futures: On November 9, the opening price of the SR401 contract was 6930, the highest price was 6961, the lowest price was 6924, the position was 597124, the settlement price was 6942, yesterday's settlement: 6928, the increase: 14, and the daily trading volume was 295384 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/11/8 |
2023/11/9 |
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 6990 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 price of imported processed sugar at 7350 yuan/ton, down 10 yuan/ton. Yingmao Group's new sugar quotation: Yingmao Kunming's quotation is 7090 yuan/ton, which is stable. 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, which is stable.
White sugar market outlook forecast: The futures price of the main contract of white sugar 2401 continued to fluctuate within a narrow range at night, but the futures price showed a slightly stronger trend. The direction of the early and late prices was unclear and continued to be consolidated until the afternoon close. The overall futures price fluctuations were not obvious. The technical level shows that the opening of the three tracks of the Bollinger Band (13, 13, and 2) is upward, and the futures price is moving towards the upper track position. Most of the spot market prices of white sugar remained stable, with some slightly lowered. Overall, the price of white sugar may still show a slightly stronger and slightly consolidated trend in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on November 9 was 7,038.02, up 0%, or 0%, and the white sugar index was flat.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807