Raw sugar futures rose 2% on July 7 on concerns that sugar production in Brazil, the leading producer, might decline.Asiangameshangzhou.4%. The July raw sugar futures contract closed 0.47 cents higher, or 2.4%, at 19.95 cents per pound. Today, the main contract of domestic white sugar futures also rose 67 points to close at 6309 points.
1. Affected by this, Guangxi Nanhua spot quotation has been raised three times, totaling 30 yuan / ton, currently at 6520-6570 yuan / ton; yesterday, Guangxi Nanhua raised its offer four times, with a cumulative increase of 40 yuan. This is also the first time that the quotation has been adjusted more than three times on the same day for two consecutive days since the extraction season. Because the price of Nanhua is slightly lower than that of Xianggui and Fengtang Group, the transaction is better. It is reported that the turnover of a certain group yesterday and today is basically 10,000 tons.AsiangameshangzhouHis group turnover is also in the thousands of tons.
2. Yunnan Nanhua raised its quotation for the second time to 6340-6400 yuan per ton, while Yingmao raised its quotation for the second time by 20 yuan to 6360-6390 yuan / ton. today, the turnover of the two major groups is basically from a few thousand tons to a few thousand tons. Yunnan Nanhua raised its offer four times yesterday, with a cumulative increase of 30 yuan. The turnover of the two major groups is tens of thousands of tons, while the turnover of the rest of the group ranges from a small few thousand tons to a large few thousand tons.
3. The price increase of Cofco in Liaoning is 20 yuan / ton, which is far less than that of Guangxi sugar. The price difference between processed sugar and Guangxi sugar has retreated sharply from the high point of more than 500 yuan / ton, but it is still as high as 370 yuan / ton. (bathing sweet technology)