糖市早评：下跌加速20251219

Core Viewpoint - Raw sugar prices have experienced a rebound followed by a decline, with the March contract closing in a bearish pattern, indicating a potential test of the 14-cent support level [1] Market Performance - Domestic spot prices continue to decline, with new sugar prices dropping nearly 300 points, reflecting weak market transactions and sustained old sugar inventory supporting demand [1] - The Liuzhou market's 26013 order contracts are consistently falling, reaching new recent lows, indicating significant selling pressure [1] Technical Analysis - Attention should be paid to the thickness of the 5205 resistance level; if this resistance holds, it suggests a high level of stop-loss acceptance among buyers, impacting the ongoing decline of the 26053 order [1] - The 2605 contract should focus on the performance of the 5110 resistance; if this resistance remains intact during a reduction in positions, it indicates new short positions are being taken, reinforcing a bearish sentiment [1] - If the 5095 gap resistance proves effective, there may be a short-term impact on the 5030 support level [1]