糖市早评：反扑阻挡层20251205

Group 1 - The core viewpoint of the article indicates that raw sugar prices are experiencing a downward trend, with the March contract facing resistance at the 15-cent mark, suggesting a cautious market sentiment from both buyers and sellers [1] - Domestic spot prices are declining due to a lack of support from downstream replenishment, and as prices decrease, overall market momentum is also diminishing [1] - The upcoming New Year and Spring Festival may alter overall transaction dynamics, indicating a potential need for a catalyst to break the current market stalemate [1] Group 2 - In the Liuzhou market, the 26013 order contract opened lower but closed higher, with an increase in trading volume compared to the previous day, indicating short-term buying interest around the 5300 level [1] - The expectation of support around the 5280 level suggests a need for a rebound process to validate the effectiveness of the 5350 resistance level [1] - The 26010 contract for sugar is also confirming pressure at the 5350 resistance, indicating a weak spot market, which may lead to a breakdown of balance if the basis reaches zero [1]