白糖数据日报-20250715

Report Title - Sugar Data Daily Report [2] Core View - The rebound of the international raw sugar from the bottom has driven the rebound of the domestic market, but the upside space remains limited. Internationally, the supply side continues to recover this season. Brazil's new season is progressing smoothly, but the increase in Brazil's production may be lower than expected. Benefiting from favorable monsoon weather, the production in India and Thailand is expected to rebound. Domestically, the new season is expected to see a significant increase in production to a historical high, and the domestic market may continue to be under pressure, but the downside space is also limited [3] Industry Investment Rating - Not provided Market Data Summary Spot Prices - Guangxi Nanning Warehouse: 6140 yuan/ton, no change [3] - Yunnan Kunming: 5905 yuan/ton, no change [3] - Yunnan Dali: 5800 yuan/ton, no change [3] - Shandong Rizhao: 6135 yuan/ton, no change [3] Futures Prices - SR09: 5817, up 7 [3] - SR01: 5639, up 10 [3] Exchange Rates - RMB to USD: 7.1865, down 0.0080 [3] - Brazilian Real to RMB: 1.2818, up 0.0212 [3] - Indian Rupee to RMB: 0.084, down 0.0004 [3] International Futures Prices - ICE Raw Sugar Main Contract: 16.56, no change [3] - London White Sugar Main Contract: 573, up 3 [3] - Brent Crude Oil Main Contract: 70.63, no change [3] Spreads - SR09 - SR01: 178, down 3 [3]