129788454848750000_80Sugar Enterprise Wan could not be reluctant to sell out the fifth shouchu bulls tons
Because of sugar stock companies bullish on the price of sugar, fifth sugar shouchu turnover for the year yesterday only 7,800 tons, continued to fall, but the price was high.
As consumption season is coming, sugar still has hope to continue upward. Statistics show that this year the first batch (500,000 tons) fifth shouchu, scheduled 209,100 tonnes, but the actual transactions only 7,800 tons, Xinzheng 4,200 tons, of which 3,600 tons of Langfang, average price reached $ 6,820/ton, up 4 times the price.
Your reserves continue to lower enterprise storage initiative is obviously inadequate, have seen enterprises still confident for the future. Previously, on February 8, national development and Reform Commission issued a first batch of sugar interim national shouchu scheduled notifications, provides the shouchu is tentatively scheduled for the number 10 tons. Since February 10, the State reserve sold for a total of 5 times, the cumulative acquisition of 298
tera power leveling,700 tonnes of sugar.
In February, two sold 218,000 tons, March the State reserve to buy sugar two times, sold 23,100 tons and 49,600 tons respectively, trading volumes decline, contract price will remain at $ 6,700-6,780 Yuan/ton/tons. Country is expected to receiveStorage 500,000 tons, there are still incoming 209,100 tonnes, dier��SiGe shouchu Thursday of each month. If the shouchu yesterday turnover calculation, going to at least 26, shouchu may last a year longer.
In other words, the shouchu expressed season of May to the end to complete, on the sugar price support will continue. "Now the spot, futures prices, expected late in the second quarterIn a reasonable amount of upstream channel, $ 7,000-7,200 dollars target price relative to the equilibrium price, $ 200-$ 300/ton/tons per cent is still relatively reasonable space, unilateral trend of investment chance probability is still relatively large.
"Dong Shuangwei first futures research and development department managers said. In his view, from the Government's policy intentions, at the price of $ 6,550 shouchuIntroduced more than a lot of analysis and prediction of body, have shown determination to national support for the sugar market, and it is anticipated that spot image stabilization in $ 7,000/ton above can enter the Government was concerned about the view. At present, the sugar market in the consumer before the season comes, has begun to rise in consumption. According to the statistical data of the sugar Association shows that by the end of March, national sugar-producing new Trojan 10.74 million tons,Rise of 970,000 tonnes, representing an increase of about 10%. Cane sugar in China at present the main producing areas are entering your squeeze peak. Expected end of April, the national sugar yield is almost certain. February predicts Nanning sugar sugar for two thousand eleven-two thousand twelveths 11.5 million to 12 million tons, is expected to achieve, and with the 1.94 million tonnes for the year of import quotas, domestic sugar supply at 13.5 million-14 million tons. Consumption, by the end of March, national cumulative sales of sugar 4.65 million tons, an increase of 180,000 tons; cumulative production rate
tera gold, 43.28%, 2.34% per cent lower. Demand still exists by the high price of sugar inhibits
tera gold, sugar demand this summer may still be declined because of starch sugar substitute, warmer downstream consumer doubts��
Annual sugar consumption will be lower, about 13 million tons. On the whole, domestic supply and demand of sugar is in a balanced State, the price of sugar rose underpowered. But it is worth noting that is, after the Ching Ming Festival spot prices of $ 80-$ 120/ton/tons, for more than a month, stock prices broke early to run for the first time interval, a larger rise in the rate of�� "Annual total supply and demand is not expected to have much problem, need to be concerned about periodic or seasonal changes. "Dong Shuangwei said, sugar futures from 2006 listing, in addition to individual years, remaining in the first quarter of a year in a few years over a correction after the Spring Festival, 15%-cent range, near or in the inertia of the season summer consumption market has experiencedRising, this year was no exception.
Others:
No comments:
Post a Comment