Group 1 - The core viewpoint indicates that the sugar market is experiencing fluctuations due to varying production levels and market dynamics, with domestic sugar prices being supported by low inventory levels despite potential pressure from processing sugar [1][3]. Group 2 - As of August 15, the spot market for white sugar in Kunming remains stable, with prices ranging from 5810 to 5820 CNY per ton, consistent with previous quotes [1]. - The futures market shows the main white sugar contract closing at 5664.00 CNY per ton on August 15, with a slight increase of 0.07% [1]. - The Brazilian sugar industry reports a 15% year-on-year increase in sugar production for the first half of July, reaching 3.4 million tons, with a higher proportion of sugarcane being used for sugar production [2]. - The number of white sugar futures warehouse receipts on the Zhengzhou Commodity Exchange decreased by 245 to 17,284 on August 14 [2]. - According to research from Shenwan Hongyuan Futures, the global sugar market is expected to maintain a volatile trend due to increased sugar supply from Brazil, while domestic sugar prices are supported by high production and sales rates despite potential downward pressure from processing sugar [3].
国产糖产销率维持偏高 短期白糖维持震荡走势
Jin Tou Wang·2025-08-15 08:50