Group 1 - The current spot price of white sugar in Guangxi is 5764 CNY/ton, down by 13 CNY/ton, with processing sugar factory prices stable between 5950 to 6090 CNY/ton [1] - The futures market shows the main white sugar contract closing at 5474.00 CNY/ton, with a decline of 1.16%, and a trading volume of 315,458 lots on September 18 [1] - The price range for industrial-grade sugar varies, with domestic prices reported as low as 1780 CNY/ton in Henan province [1] Group 2 - In August, China's sugar imports reached 830,000 tons, a year-on-year increase of 7.5%, with total imports from January to August at 2.61 million tons, up by 5.1% [2] - Brazil's sugar production in the second half of August was 3.872 million tons, an increase of 18.21% compared to the same period last year, with cane crushing volume at 50.061 million tons, up by 10.68% [2] Group 3 - The analysis indicates that Brazil's sugar production is accelerating, with expectations of high yields from Thailand and India in the upcoming season [3] - Domestic sugar inventory is currently low, but significant imports are expected before October, while new sugar supply will gradually enter the market as northern regions begin harvesting [3]
新糖逐渐供应市场 预计白糖低位震荡运行为主
Jin Tou Wang·2025-09-18 08:53