White sugar: The futures price is running strongly, the market is back above 6200, and the spot is sorted out in a small range

Analysis of white sugar futures: On June 14, the opening price of SR409 contract was 6170, the highest price was 6242, the lowest price was 6170, the position was 356963, the settlement price was 6213, yesterday's settlement: 6196, up: 17, daily trading volume: 417169 lots.

Comprehensive price list by region: yuan/ton

White sugar spot market: Today's mainstream transaction prices in China's white sugar market are sorted out on a small scale. Among them, 6,720 - 6,900 yuan/ton in Northeast China, 6,620 - 6,830 yuan/ton in East China, 6,700 - 6,780 yuan/ton in Central China, 6,690 - 6,700 yuan/ton in North China, 6640 yuan/ton in South China, 6,200 - 6,620 yuan/ton in Northwest China, and 6,240 - 6,410 yuan/ton in Southwest China. Quotation of white sugar companies: Nanhua Group quoted: Nanhua Kunming first-grade white sugar quoted at 6320 yuan/ton, up 10 yuan/ton; Nanhua Xiangyun and Dali first-grade white sugar quoted at 6290 yuan/ton, up 10 yuan/ton; Nanhua Yun County first-grade white sugar quoted at 6260 yuan/ton, up 10 yuan/ton. Nanhua Guangxi first-grade white sugar is quoted at 6490-6590 yuan/ton. Yingmao Group's quotation: Yingmao Kunming's first-grade white sugar price is 6330 yuan/ton, increased by 20 yuan/ton. Yingmao Dali's first-grade white sugar price is 6290 yuan/ton, an increase of 20 yuan/ton. COFCO (Tangshan) Sugar Co., Ltd. quoted 6720 yuan/ton for imported processed sugar, which is stable. COFCO (Liaoning) Sugar Co., Ltd. quoted 6730 yuan/ton for imported processed sugar, which is stable.

White sugar market outlook forecast: On the external side, raw sugar futures rose 2.6%, hitting a one-month high during the session. The night futures price of China's white sugar futures rose first and then fell. In the early trading session, the futures price quickly rose to the highest point of 6242. Then the futures price weakened and took back some of the gains. In the afternoon, the futures price rose again until the end of the late trading session. The technical level shows that the three-track openings of the Bollinger Band (13, 13, and 2) are slightly open, and the candle chart shows a positive column. The daily MACD line and KD line continue to show a golden cross trend, but the distance between the two lines is relatively close. In terms of transactions, 21.1% more than the open opening of 19.5%, and the bullish sentiment has increased; white sugar futures mostly follow the outside market. The fundamentals of the white sugar market are relatively calm and the market fluctuates relatively narrow. The spot market is organized in a small scale, and the market transactions are average. Overall, white sugar futures prices are expected to fluctuate within a narrow range in the short term.

China's white sugar index: According to data from Medical Equipment, China's white sugar spot index was 6,510.64 on June 14, up 2.69, or 0.04%, and the white sugar index was raised.

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The information provided in this report is for reference only.

Original: Wang Yaoxin 17732561807