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White sugar: Zheng sugar futures are closed, and mainstream spot prices are stabilizing

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September 29, 2024, 5:11 PM

White sugar: Zheng sugar futures are closed, and mainstream spot prices are stabilizing

Analysis of white sugar futures:Markets are closed on Sunday, September 29.

Comprehensive price list by region: RMB/ton

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White sugar spot market:Today, the mainstream transaction price in China's white sugar market is stabilizing. Among them, 6510-6660 yuan/ton in Northeast China and 6500-6680 yuan in East China/ton, Central China 6,540 - 6,600 yuan/ton, North China 6,440 - 6,560 yuan/ton, South ChinaThe region is 6400 yuan/ton, the northwest region is 5,950 -6400 yuan/ton, and the southwest region is 6,130 - 6,280 yuan/ton. White sugar company quotation:

The price of Nanhua Kunming first-class white sugar is 6260 yuan/ton, which is stable. Nanhua Xiangyun and Dali first-grade white sugar quoted at 6210 yuan/ton, which is stable. The price of first-grade white sugar in Yun County in Nanhua is 6210 yuan/ton, which is stable. Nanhua Guangxi first-grade white sugar quoted at 6470 yuan/ton, an increase of 20 yuan/ton. Yingmao Kunming first-grade white sugar quoted at 6230 yuan/ton, which is stable. Yingmao Dali's first-grade white sugar price is 6180 yuan/ton, which is stable. COFCO (Tangshan) Sugar Co., Ltd. quoted 6570 yuan/ton for imported processed sugar, an increase of 10 yuan/ton. COFCO (Liaoning) Sugar Co., Ltd. quoted 6570 yuan/ton for imported processed sugar, an increase of 10 yuan/ton.

White sugar market outlook forecast:ICE raw sugar futures closed down last Friday, falling back from a seven-month high and remaining in a range of 22.59 cents/pound. The futures market Zhengtang was closed on Sunday. The recent rise was mainly due to the continued rise of raw sugar in the outer market, which continued to break through new highs. However, sugar imports and syrup imports were high in August, supply remained loose, and pressure on the futures market still existed. Overall, it is expected that the sugar futures price may fall back in the short term.

China's white sugar index:According to calculations from medical equipment,on September 29China's white sugar spot index was 6466.44, up 0.00%, and the white sugar index was flat.

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The information provided in this report is for reference only.

Original: Wang Yaoxin 17732561807