Group 1: Sugar Market Dynamics - As of April 30, 2025, Hainan has cumulatively sold 15,200 tons of sugar, with sales of 5,400 tons this month, a decrease of 24,800 tons compared to the same period last season [1] - The sales-to-production ratio is 27.59%, down by 26.17 percentage points [1] - The sales tax-inclusive factory price ranges from 5,431 to 6,547 RMB per ton, with sugar inventory at 39,900 tons, an increase of 550 tons compared to the same period last season [1] Group 2: Cotton Market Dynamics - ICE cotton prices fell by 0.63%, closing at 67.4 cents per pound, while CF509 rose by 0.9%, closing at 12,900 RMB per ton [1] - The main contract positions decreased by 10,843 lots to 576,600 lots [1] - The cotton arrival price in Xinjiang is 13,839 RMB per ton, down by 7 RMB from the previous day, and the China Cotton Price Index 3128B is at 14,113 RMB per ton, down by 70 RMB from the previous day [1] Group 3: Market Sentiment and Future Outlook - The Federal Reserve's May meeting maintained the current interest rate, leading to a slight adjustment in the market's June rate cut expectations, which has put pressure on cotton prices [1] - Domestic cotton futures prices have slightly increased due to positive macroeconomic news, boosting market sentiment [1] - The fundamental drivers remain relatively weak, with attention on upcoming weather changes, and short-term expectations indicate continued range-bound trading [1]