Sugar Or To Restore The Rally – White Sugar, Sugar – Food Industry
Today, a strong increase of sugar, 1001, rally round main contract established a new high, up to 4256 points, to close at 4239 points, Zhong Pan; basically, the current consumption of China's sugar market is in seasonal low season, the lack of substantive good market, Zheng sugar adjustment has been for some time, the market determine the need for directional information, Guangxi Autonomous Region and Price Bureau announced yesterday, the lowest purchase price and the specific interaction of sugarcane price to re-ignite the market enthusiasm Masukura heavy volume of sugar rose, investors Sugar Go from here, I believe that sugar will regain bull market, the market run up to the main theme.
Minimum purchase price policy for sugarcane
Sugar cane industry is a major source of sugar industry, sugar cane pricing on the entire industry has a far-reaching implications, sugarcane purchase price for each crop season to develop into the industry focus.
5 12 Price Bureau announced the Guangxi Autonomous Region sugar cane crop season 2009/2010 price: in order to control the planting area and the blind expansion of sugar production, sugar regulating market supply and demand, 2009/2010 crop season regular sugar cane down payment on the acquisition price of 260 yuan / ton (unchanged from the previous crop season); sugar cane price to cane pricing linked to linkage, the second settlement management, appropriate adjustments to the level of sugar linkage linked to the price, per tonne of sugar material sugarcane price 260 yuan per ton level and white Granulated sugar Average tax Sell Price of 3,500 yuan / ton hook linkage, linkage linked 6% of the price factor to maintain unchanged; adjustment varieties fare adjustment policies, a, of the sugar cane has become my main growing area of new varieties of TSC series of varieties (including Taiwan, excellent), etc. variety, region Unity Increase 5 yuan / ton, b, of the current planting area is small, but with higher promotion (Planting) value of sugar cane varieties (new line), increasing the intensity increases, unified region to determine the level of seed increase 20 yuan / ton.
Sugar cane purchase price for the 2009/2010 crop season in fact the reduction of sugar cane cultivation has been little effect on the basic end, but for the 2010/2011 crop season there may be some effect, the linkage may lead to lower prices 2010/2011 crop season sugarcane acreage reduction. This is undoubtedly the 2009/2010 crop season acreage reduction is another major positive long-term good.
4 sales data high side Learned from the China Sugar Association, as of the end 4, the national total of 12,303,100 tons of sugar production (sugar over the same period last crop season 14.3552 million tons), of which 11.4018 million tons of sugar cane, beet sugar, 901,300 tons. As of 4 end in a total sale of sugar 6,701,600 tons (7,589,500 tons last year sales of sugar), total sales rate of 54.47 percent sugar, compared with same period last year by 1.6 percentage points. On sugar sales from a single perspective, in April monthly national sales sugar 1,172,500 tons, 1,169,800 tons over the same period last year increased slightly. Thus, despite our stand Financial Crisis, but with the continuing recovery of our economy, sugar consumption is getting better and better.
Registered warehouse receipts After the Spring Festival, with the white sugar futures prices are the way to increase registration of warehouse receipts, recent changes in sugar alternately registered warehouse receipts, the phenomenon occurs, effective forecasting continued to be substantially reduced. 12 May sugar warehouse receipts registered the highest 50399, May 13 decreased from 450 to 49,949, effective forecasting is reduced to 12,614. This clearly indicates that sugar spot prices continue to rise, pre-registered warehouse receipts sugar delivery by Cheng Exchange has no profit to speak of, even by Cheng Exchange delivery such as through stock sales is not cost-effective.
With sugar to resume its rally, the future will continue to reduce sugar registered warehouse receipts, warehouse receipts from the registered number of changes, Zheng Nanning, sugar, glycemic index, and estimated spot price comparisons, pre-registered warehouse receipts sugar was through the exchange delivery Libby is not worth the amount of sales through the spot in the 10 000 or more, thus we can expect that with the arrival of China's sugar consumption season, sugar registered warehouse receipts will continue to drop dramatically, while the sugar will register a sharp drop in sugar warehouse receipts price increases to reduce the pressure very firm offer will reduce the market psychology of investors a lot of pressure.
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