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Three reasons support sugar prices up - sugar, sugar prices - Food Industry - car replacement keys by weqfwer rgetfg





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Three reasons support sugar prices up - sugar, sugar prices - Food Industry - car replacement keys by
Article Posted: 02/04/2011
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Articles Written: 1394
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Three reasons support sugar prices up - sugar, sugar prices - Food Industry - car replacement keys


 
Business,Business News,Business Opportunities
The China Sugar Association has announced the four major sugar-producing province in August of Sell Volume, in Mid-Autumn Festival Factors such as the National Day with a peak pressure of sugar, domestic sugar-producing provinces in the main chain sales increased substantially, food Sugar Georgia also showed a larger increase. The investment adviser Food Chen Chen, chief researcher at the industry that push up sugar prices because there are three main areas, which would put pressure on the cost of food industry.

Domestic sugar prices Ministry of Agriculture in 2009 the first 35 weeks of weekly data on international prices of major agricultural show in August last week, the International Council of raw sugar price of sugar weekly average 504 U.S. dollars per tonne, flat chain, 54% higher than the same period last year. While the international prices, domestic sugar prices rose, and sugar can be sold in Guangdong appears the situation.

Data from the China Sugar Association, in August, Guangxi, Guangdong, Yunnan and Hainan, the four main producing areas sugar sales volume reached 871,400 tons, respectively, 2.66 million tons, 233,100 tons and 93,400 tons, with sales in other parts of the country estimated sales up to 130 tons. Among them, Guangdong sales rate has reached 95.6% of sugar, sugar-free can sell a situation occurs, the other three major sugar producing provinces Liangjun marketing chain appears sharply.

Guangxi Nanning Sugar network to the latest spot price for the 4050-4090 sugar yuan / ton, the price a year earlier than 1,280 yuan / ton, or 46%. The domestic futures market in the lowest 2,800 yuan from last October / ton at one time reached a maximum 5,044 yuan in August / ton.

In prices, while sugar a "shortage" situation. Currently, Guangxi Reserve announced at the end of August has been thrown reserve 600,000 tons. After this round of selling, the local reserve sugar reserves on hand have been exhausted for the market. And Guangxi, Guangdong, Yunnan and Hainan end of the end of the four major producing areas 8, only the surplus of industrial stocks 893,900 tons, the country's industrial inventory is estimated only 100 million tons. Taking into account the manufacturer's end of the normal carry-over amount, the actual supply of less than 100 tons, the net sales of sugar there are 2.5 months of sugar supply imbalance in serious condition.

Investment adviser in the food industry's chief researcher Chen Chen that, in the first half, domestic sugar enterprises have declined, the sugar price increase is seasonal rebound performance. Data from the Ministry of Industry, produced by the previous crop season than sales, the late crop season prices, and stocks more influence, the sugar crop season significantly decreased efficiency of the sector, 1? May deficit of 260 million yuan.

Cost of the food industry under pressure Sugar prices caused by many reasons, mainly in three aspects. First of all, the world's sugar supply is tight will make the domestic sugar prices continue to rise. International Sugar Organization (ISO) 5 M Expected, the crop season was 156.6 million tons global sugar production, sugar consumption was 164.4 million tons, seasonal production and demand gap of 7.8 million tons, led the international price of sugar continued to rise. The sugar 2008/2009 period, China produced 12.431 million tons of sugar, compared with the previous cut 2.409 million tons of sugar.

Second, the economic recovery, China's sugar consumption has shown a seasonal warming. Recovery of data from the macro point of view out, enter the 23 quarters, the traditional seasonal pick up sugar occur, leading to sugar supply and demand back on track.

Finally, the sugar industry, the main demand for good sales, boosting the sugar prices high. Data indicate that Beverages Sugar sugar content of food accounts for 32%, while the beverage industry in the first half sales revenue of 40.268 billion yuan, up 2.68%; net profit of 8.05 billion yuan, up 26.62, maintained a good momentum of development.

Investment adviser in the food industry's chief researcher Chen Chen believes that with the rising sugar prices, which will put pressure on the cost of the food industry. The National Day, Mid-Autumn season will be coming consumption, which will give sugar "supply and demand imbalance," and the prices of new factors were added.

Investment adviser in the release of "2009-2012 China Food Industry Investment Analysis and Prediction of the report" shows the next few years, the food industry will maintain a stable growth rate, which will further increase the demand for sugar.

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