Analysis Sugar Prices Rose 70% Reason
Guangxi is China’s largest producer of sugar, guangxi province of China has been the price price vane, October 8, the National Day holiday after the first working day, lasts hot new highs in guangxi, the price 5950 yuan/ton of quotation for guangxi middlemen refresh record prices have any sugar. Yesterday, reporters visit dalian market at the wholesale price of dalian market sugar has 6,000 yuan/ton, recent gains.
Local 1 kilogram sugar price 10 yuan.
By the end of 2008, according to understand, guangxi prices began to hit bottom rebound, from the lowest 2,700 multiple/ton, continuous on to 3000 yuan, 400 yuan/ton, 2009 breakthrough 5000 yuan/ton, in mark prices high. Guangxi sugar prices LinHaiNa analyst said referred to the net, guangxi is China’s largest sugar, guangxi province of China is always prices prices rising prices, guangxi vane, will follow up.
Yesterday morning, journalists visited several markets, a pack of a pack of sugar in the retail price $9-10 yuan between, supermarket in ordinary MianBaiTang within each jins in price $4.50 ~ 6 yuan between, people generally reflected, sugar retail price fluctuation.
Some retailers are rising retail, vendors, but sugar mark-ups link is wholesale price rises in price rising excessively. These two years, the wholesale price of sugar, basic hasn’t stopped is now highs. They purchase price is also very expensive, remove the shop to rent, artificially low cost, profit, etc.
The food wholesale city in pairs of wholesale business in sugar, sugar li revealed the wholesale price of $6,000 per ton, because this is not the highest price is the price of stock, the price of goods under a new batch will also higher, because the wholesale price is already close to guangxi sugar 6000 yuan/ton, heilongjiang sugar has reached 6000 yuan/wholesale price, whether on or south tons, at dalian north after at least 200 yuan add cost/ton.
Sugarcane production is the main track.
According to the monitoring data of guangxi sugar nets price, the price is compared with the same period last year, has risen to 70%. Guangxi sugar nets mii introduced price LinHaiNa analyst, guangxi is the largest sugar, sugar yield regions of the country’s total output accounted for more than half. From the national market, xian, wuhan, Shanghai, Harbin city major sugar, sugar consumption are already more than 6,000 wholesale yuan/ton, are at record levels.
The guangxi zhuang autonomous region, deputy director of the committee work letter of shengbei sub-sag 9 days, Chinese media said prices higher, guangxi sugarcane production as well. According to the department of guangxi provide statistics, this suffering from serious drought of guangxi, the most serious of sugarcane area amounted to more than 400 million acres, 52 million acres JueShou, sugarcane into wrung decrease 350 tons, 3 above, most sugar refineryeach sugar refineryeach production equipment utilization only 60-70%. China’s industry association again, cut sugar yield expected by 2009, sugar yield/sugar yield force can reach 11,000,000tons by sugar consumption, for calculating, and 14 million tons in 300 tons. Gap “Domestic sugar production was sealed.” The personage inside course of study says.
According to market feedback information related to production, rising prices of cane sugar, many said they disapprove, wholesalers, sugar prices, international futures prices surged more influence.
After this, dalian futures limited analysts said, by market provisions about the world’s second largest country, India – sugar yield of sugar supply problems, reducing sugar on ICE futures prices jumped across the city, in recent years to set prices contracts a day.
– the remind
Rising prices short-term inflows vigilance
The price movements, the late on more than usual, insiders revealed this season, sugar, it is more abundant funds, sugar, price is expected to bring more capital. In the national macro economic market, inflation expectations, industry investment, speculation and more active, will further thrusting prices soared.
“In the current price rises, under the background of the international folk capital inflows into sugar, suit to hype plausible, rising prices alert process of foreign capital.” the personage inside course of study warns said. In fact, the international capital has been much speculation is to use the concept of Chinese agricultural products, China needs in international futures markets have met the sniper case is very popular.
But for now, to ensure smooth operation, sugar municipal government macro-control policies and must be combined, and joint enterprise “force”. Government should strengthen the supervision of the futures market and cash market, avoid the risks of sugar, speculation. In the enterprise, should encourage downstream enterprises with sugar, through direct contact with sugar refineryeach production chain, then lock drilling docking, reduce production cost of market risk.
According to the sugar wholesalers disclosed, heilongjiang, Inner Mongolia has many sugar northern cities, with the squeeze on enterprise trendency of harvest in autumn, beet will defer entry that rising prices or stop the footsteps.
Provisions that zheng sugar by WaiPan gains motivation contract 1105 and hit a record high, but the rising energy shortage. Expected will remain high, short appropriate wait-and-see shocks.
Also, experts say prices in many fluctuations, the price fluctuation and enterprise “, “high prices, rising prices because of fears of hoarding sugar, timely in price declines of enterprise is not a few. Therefore, establishing the downstream enterprises and Suggestions of linkage mechanism, not only the sugar refineryeach can reduce the cost of sugar refinery, avoid further push prices rising costs, also can prevent downstream enterprises with sugar, sugar, safeguard the order of the market stock.
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