Pressing short-term increase in supply in Guangxi concentration limit open Sugar Upward
11 3, Nanning Sugar's sugar and Ming Yang Jin Hua Group, the North Sea open sugar juice, a squeeze 2009/2010 crop season opened the first sugar factory in Guangxi. While the new crop season on the domestic market more than two million tons of "production - consumption" gap more recognition, but the main producing areas to open more pressing manufacturers to increase short-term adequate supply of the domestic market has limited the price of sugar to go up.
Although the original plan to open on November 12 Long squeezed state of two sugar mills failed to start production on time, but as of November 13, Virgin opened in Guangxi has reached seven sugar mills, sugar mills have been pressing the Japanese to open squeezed sugar cane production capacity to 52,000 tons. From the regional distribution, Nanning sugar refinery currently has three open virgin, guests have two, Liuzhou and Beihai have an open squeezed sugar. With the milling year compared to the same period, the region opened up to increase the number of sugar juice 2, opening up squeezed sugar production capacity by 1.1 million tons / day, the overall open by pressing a little ahead of schedule. Calculated in accordance with the current capacity, the new single-day Guangxi sugar production has more than 5000 tons.
11 14? 15, Nanning, Guangxi, guests, Chongzuo three have 3? Four sugar mills to open virgin, but with the crop season the depth of production, from late November to open squeezed sugar refinery in Guangxi will also significantly speed up the progress, productivity will be significantly more than last year same period last year, new market, the supply of sugar will be relatively concentrated.
According to the author about the production plan from the sugar factory, Guangxi, in late November to early December will focus on opening squeezed sugar time, when more than half of the production capacity to carry out a large number of production, Guangxi, Nissan is expected to more than 30,000 tons of sugar . Therefore, even if the national short-term storage without letting go, but the relatively abundant supply will be inhibited by the end of the rising price of sugar.
Lack of market focus, Zheng sugar began to shift positions
Recently, Zheng main sugar market, the lack of hot spots in the 1005 contract situation and the position Liangjun transaction a large drop, investors have taken advantage of the beginning of the contract from May to September contracts shift positions. 1005 main contract last week, nearly 130,000 a week lighten hand, contrary to 1009, more than 100,000 contracts Masukura hand, funds transfer positions in the process of making the two contracts once spread jumped from 100 to nearly 200 points near the location.
Relative to the 909 contracts 905 contracts shift positions, the contract in May this year to the September contract to shift positions occurred almost a month earlier. As of last Friday, the two spreads reach 198 points, but because of the higher funding costs, the current arbitrage spread has not yet reached operational requirements. Nevertheless, with the transfer of funds later on a larger scale warehouse act, that may arise between the arbitrage opportunity is still worthy of our attention.
Here I remind investors concerned about the spread position 230, when the 1009 contracts and 1005 contracts spread over 230 points, investors may consider buying 1005 contracts and 1009 contracts, arbitrage selling.
Horizon spread noteworthy shift positions New crop season in the industry agree that there is supply gap, but can not rely on imports to make up for
In the national sugar industry meeting, the 2009/2010 crop season in the Sugar Association is expected to domestic sugar production will only reach about 12 million tons, and the relative expected to more than 14 million tons of sugar consumption, the new crop season itself, the supply gap created will be more than 2 million tons. Ways to make up that gap nothing less than the two types import large quantities of sugar, two national reserves running.
However, the high cost of imported sugar in the international situation, rely on imports to make up the domestic gap is clearly not feasible. In 2001 China joined the WTO, and committed to the sugar import quota of 1.68 million tons from the year 2001, an increase of 5% until 2004, 1.945 million tons; in-quota tariff of 20% initially, to 2004 to 15% after . I am an expert from fiber-patch-cord.com, while we provides the quality product, such as MPO Cassette , China Fiber Optics Connector, Fiber Optic Pigtail,and more.
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