守护"甜蜜事业" 中央纪委国家监委网站 贝为超 通讯员 蓝英纳 陶春 广西壮族自治区纪检监察机关紧密关注糖业技术升级的关键环节，通过深入企业生产一线，主动掌握糖 企技术改革的堵点与难点，有效破解糖企发展瓶颈。图为近日，来宾市兴宾区纪检监察干部在某公司新 升级的蔗糖生产线上了解有关情况。刘维 摄 图为近日，广西壮族自治区来宾市兴宾区纪委监委督导组深入迁江镇兴仁村，就糖料蔗水肥一体化项目 建设进行调研。陶春 摄 眼下，正值夏日好时光。广西壮族自治区南宁、柳州、来宾、崇左等蔗糖主产区，成片的甘蔗在田野里 摇曳，处处生机勃勃。 广西紧盯蔗糖产业发展堵点淤点强化监督 "守好全国人民的'糖罐子'。"习近平总书记考察来宾市国家现代农业产业园黄安优质"双高"糖料蔗基地 时提出殷殷嘱托。今年以来，自治区纪委监委持续深化政治监督，开展产业园区改革发展护航行动、深 化重大发展项目专项监督、深化领导干部插手基建工程和招投标腐败问题专项整治，保障蔗农糖企生产 经营一年比一年有奔头，让幸福的变化看得见、摸得着。 日前，记者随自治区、来宾市及兴宾区三级纪委监委联合督导组深入来宾市国家现代农业产业园，了解 蔗糖产业发展堵点淤点难点，以及纪检 ...

研究员：王海峰 021-60635728 wanghaifeng@ccb.ccbfutures.com 期货从业资格号：F0230741 021-60635740 linzhenlei@ccb.ccbfutures.com 期货从业资格号：F3055047 021-60635732 yulanlan@ccb.ccbfutures.com 期货从业资格号：F0301101 021-60635732 hongchenliang@ccb.ccbfutures .com 期货从业资格号：F3076808 研究员：刘悠然 021-60635570 liuyouran@ccb.ccbfutures.com 期货从业资格号：F03094925 农产品研究团队 研究员：林贞磊 研究员：余兰兰 研究员：洪辰亮 行业 白糖日报 日期 2025 年 5 月 8 日 请阅读正文后的声明 ＃summary＃ 每日报告 一、行情回顾与操作建议 | 表1：期货行情 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 合约 | 收盘价（元/吨 | 美分/磅） | 涨跌 | ...

Group 1: Report Information - Report Name: Sugar Daily Report [1] - Date: May 7, 2025 [2] - Researcher: Wang Haifeng, Lin Zhenlei, Yu Lanlan, Hong Chenliang, Liu Youran [3] Group 2: Investment Rating - No investment rating information provided Group 3: Core View - New season sugar in Brazil is gradually coming to the market, putting pressure on the market. The 5 - month contract delivery volume is expected to reach about 2 million tons, which may indicate weak spot sales. Uncertain factors mainly lie in the India - Pakistan conflict [7]. - Zhengzhou sugar is expected to face import pressure in the third quarter due to the opening of the profit window for out - of - quota imports. Zhengzhou sugar is regarded as bearish [8]. Group 4: Market Review and Operation Suggestions Futures Market - SR505 closed at 6073 yuan/ton, down 52 yuan or 0.85%, with a position of 13,644 contracts, a decrease of 2,518 contracts. SR509 closed at 5890 yuan/ton, up 1 yuan or 0.02%, with a position of 305,344 contracts, a decrease of 858 contracts. US sugar 05 closed at 17.38 cents/pound, down 0.24 cents or 1.36%, with a position of 30,343 contracts, a decrease of 14,074 contracts. US sugar 07 closed at 17.24 cents/pound, down 0.30 cents or 1.71%, with a position of 348,504 contracts, an increase of 2,994 contracts [7]. Market Analysis - New York raw sugar futures weakened on Friday, with the main July contract down 1.71% to 17.24 cents/pound. London ICE white sugar futures were closed for the UK public holiday. During the May Day holiday, foreign raw sugar maintained a weakening trend. The new season sugar in Brazil is gradually coming to the market, and the 5 - month contract delivery volume is expected to reach about 2 million tons, which may indicate weak spot sales. Uncertain factors mainly lie in the India - Pakistan conflict [7]. - Zhengzhou sugar's main contract showed a weak shock. The 09 contract closed at 5890 yuan/ton, up 1 yuan or 0.02%, with a reduction of 858 contracts. The spot prices in domestic production areas declined. After the rainfall in Guangxi, the market lost the impetus for speculation. The weak foreign raw sugar also dragged down Zhengzhou sugar, and the profit window for out - of - quota imports in China opened, so the import pressure in the third quarter is expected to be large. Zhengzhou sugar is regarded as bearish [8]. Group 5: Industry News - As of April 30, India had produced 25.69 million tons of sugar, and about 19 sugar mills were still in operation. About 10 sugar mills in Uttar Pradesh were still operating, and 8 of them were in western Uttar Pradesh. These sugar mills are expected to continue operating for 7 - 10 days. The increase in sugarcane production has improved the sugarcane supply in Uttar Pradesh, allowing some sugar mills to continue operating. In addition, the increase in sugar recovery rate in the second half of the season has also increased sugar production [9]. - From the Brazilian foreign trade secretariat's export data on April 28, Brazil exported 1,281,866.53 tons of sugar in the first four weeks of April, with an average daily export volume of 75,403.91 tons, a 12% decrease compared to the average daily export volume of 85,875.17 tons in the whole of April last year. The total export volume in April last year was 1,889,253.72 tons [9]. - Ukraine will reduce its sugar beet planting area by 17% this year, resulting in a significant decline in sugar production and a sharp drop in exports, especially to the EU. It is expected that Ukraine's sugar production will drop to 1.5 million tons this year, down from 1.8 million tons last year, and the export volume will be reduced to 180,511 tons, compared with 746,000 tons in 2024 [9]. - According to a survey of 23 analysts by S&P Global Commodity Insights, the sugar production in the central - southern main producing area of Brazil in the first half of April is expected to be 694,000 tons, a 3.8% decrease compared to the same period last year [9]. - According to the latest forecast of the US Department of Agriculture, Brazil's sugarcane production in the 2025/26 season may reach 671 million tons, of which 618 million tons will come from the central - southern region accounting for 91% of the country's production, and 53 million tons will come from the northeast and north regions. Brazil will continue to be the world's largest sugarcane and sugar producer in the next season [9][10]. Group 6: Data Overview - The report provides multiple data charts, including spot price trends, 2509 contract basis, SR5 - 9 spread, Brazilian raw sugar import profit, Zhengzhou Commodity Exchange warehouse receipts, Brazilian real exchange rate, and the trading and holding positions of the top 20 seats in the main contract of Zhengzhou sugar [11][13][16][20].

智通财经5月6日电，美国农业部（USDA）称，预计降水将有助于印度糖产量在2025-26（种植）年度 增长26%。 ...

Core Insights - The USDA forecasts that rainfall will contribute to a 26% increase in India's sugar production for the 2025-26 planting season [1] Group 1 - The expected increase in sugar production is significant, indicating a potential boost in supply [1] - This growth in production may impact global sugar prices and trade dynamics [1] - The forecast highlights the importance of weather conditions in agricultural output [1]

印度2024-25年糖出口量预计为80万吨。 ...

智通财经5月1日电，印度2024-25年糖出口量预计为80万吨。 ...

ICE原糖期货涨0.68%，暂报17.74美分，白糖期货跌0.4%，刷新日低至494.50美元。美国农业部长 Rollins宣称，将决定糖关税的税率。 ...

美国农业部长罗林斯：糖关税税率有待确定。 ...

国信期货：原糖期货下跌，市场关注5月原糖合约到期。05合约下跌0.22美分/磅，跌幅为1.2%。现货市 场需求疲软可能导致5月合约的大量交割，交割量可能达到约200万吨。巴西国家商品供应公司 （Conab）周二表示，受益于有利的市场条件，巴西2025/26年度糖产量料创纪录高位，尽管甘蔗产量同 比下滑。国内短期关注主产区天气，广西多地迎来大雨，对于持续干旱有一定缓解。但需要提防降雨过 多引起涝灾。操作上建议以短线交易为主。 周二巴西国家商品供应公司（CONAB）预测巴西2025/26年度糖产量将达到4587.5万吨，同比增长 4.0%。 据不完全统计，截至4月30日云南已有30家制糖企业收榨，已超过本榨季开榨糖厂总数一半以上，全省 进入收榨阶段。 三、机构观点 国投安信期货：一季度巴西降雨偏少，不过由于糖醇比价较高，预计制糖比例将维持高位，因此产糖量 仍存在不确定性，关注后续生产情况。国内方面，增产的压力有所消化，后期市场的交易重心转向消费 与进口。今年国产糖销量较好，进口糖源供应也大幅减少，供需两端均出现一定利多。不过，美糖趋势 依然向下，国内总供应量也较为充足，预计糖价震荡，操作上暂时观望。 一、行情回顾 ...