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Sugar City, short-term hard to change into the light sideways pattern of sugar - sugar, sugar - Foo by wgverbv dfbdfb
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Sugar City, short-term hard to change into the light sideways pattern of sugar - sugar, sugar - Foo by WGVERBV DFBDFB
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| Article Posted: 03/20/2011 |
| Article Views: 72 |
| Articles Written: 1361 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 770 |
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Sugar City, short-term hard to change into the light sideways pattern of sugar - sugar, sugar - Foo |
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Business,Business News,Business Opportunities
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4, the domestic market through red one, but across the board Zheng sugar down. I believe that, as companies are still waiting Sell The situation clear, within the stock in recent weeks Sugar May trend sideways again. The futures market earnest until after June there will be a new round of price.
Sugar into the light of city
Monthly sales from calendar year and price data, annual sales of 45 months are underweight themselves the stage, sugar prices strong in this difficult time you want to be much larger than usual, individual year-season appears up precisely because the role of cut cycle, which occurs from the below cut production costs to rise to the rose and the anti-season market.
However, after this year happens to be below the cost of the first cut of the year, this year there is precisely the probability of off-season market is the largest. Two examples are the 98/99 crop season after the second quarter of 2000, and in the 02/03 crop season 2004, after the (price of sugar to flat-based) and the second quarter of 2005 were a virgin before quarter below the cost of one year after the season because price cuts triggered. The remaining majority of the second quarter of the year, sugar prices tend to weaken. I expect the second quarter of 2004, a high order shock sideways movement possible and the spot price in May this year there are more similarities between the trend. This year the second and third quarter, the focus of the spot price of sugar is expected to be on the move.
Downstream demand is expected to warming
Chinese customs data showed China's sugar imports in March increased by 35% year on year to 101,619 tons. The first quarter of the number of imported sugar were much greater than last year's level. Pre-set price of sugar to the internal and external point of view, because the import process was once significant profit, so the sharp rise in imports expected to increase 1 / 3 are within the scope of normal. Would have greatly increased imports of sugar constituted bad city, but outside the disc because of the recent weeks gone very strong processing cost of imports rose sharply to 4,100 yuan or more, the import process again in a serious loss, which will boost domestic sugar prices. As the current internal and external disks are relatively close to the sugar and the fundamentals, suggesting that the future price of sugar in the medium-term interaction within and outside the disk will therefore be relatively be enhanced. The current spread within and outside the disk structure would constitute a partial benefit the domestic sugar market over the impact.
From the National Bureau of Statistics announced in March 2009 sugar Food Production point of view, most of the food industry with sugar production growth rate has shown a trend of recovery in the chain, began to pick up signs of bottoming out, terminal complement companies began to show effects library. Downstream industry chain sugar signs of recovery in the sugar city of the future will undoubtedly constitute a positive, post-terminal business is expected that if the continued replenishment of such support to continue.
Latest Chinese PMI purchasing managers index has rebounded for five consecutive months, and more than 50 strong regional firm, established the tone of the macroeconomic rebound. I judge sugar consumption may have passed the worst of times. National sugar production this crop season is expected to 12.4 million tons, consumption of 13 million tons, imports 600,000 tons, 800,000 tons of national and local purchasing and storage, inventory carry-over 1 million tons last crop season, in addition to 1.1 million tons on the pressing quarter, the State Reserve sugar, because two years purchasing and storage for 2 million tons of sugar are in a warehouse, and circulation at the end of the carry-over stocks estimated 20-30 million tons.
Comprehensive view, the entire crop season in the balance between supply and demand, circulation in a partial period of time may be tight, but because of the existence of a large number of the State Reserve sugar, glucose will not happen the situation. So regardless of ups and downs, have a rational treatment in the near future should not have too much expectation on the unilateral market. <<"Check more exciting content I am an expert from China Agriculture Net, usually analyzes all kind of industries situation, such as ball pitching machines , ultimate bat bag.
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