Yiwu that for the sugar offers a solid bottom

The other day Zheng main sugars contract 1605 pull-up sharply to 5530 98 points, or even 1 . 80%, revenues surge to 1. seventy eight million 680, 000 hand hand jobs by nearly thirty, 000 lots in order to 860, 000 plenty. Yiwu market From a fundamental viewpoint, the domestic glucose market outlook upward going down easily.

Very first, the 2015/2016 plants of domestic sweets production and need gap continues to broaden to support the price of carbohydrates. Since a few years back cane purchase price carried on to drop, reducing sugarcane farmer income, leading to farmers to switch powerful will, sugar plot being curtailed. Approximately 2015/2016 domestic sugars crop acreage 2050 acres, up can be 300 acres. 2015/2016 crop season may be the second consecutive yr, sugar production dropped, sugar production is actually expected around nine. 5 million plenty, while sugar usage will continue to develop to about fifteen. 7 million a lot of domestic sugar creation and demand difference expanded to regarding 6. 2 mil tons. Expand the provision gap is the main element underpinning the extensive rise in sugar costs. Secondly, sugar importance policy will still strictly control. 2014/2015 crop of household sugar market self-employed properties with the federal government strictly controls the quantity of sugar imports possess a close relationship. Yiwu City 2016 taking into account the safety of China's glucose industry, will always control imports through strict control. Therefore in the year to increase the supply gap, as well as strictly under the effects of the context associated with imports of sweets bull market should be expected later. Third, the brand new crop of sugarcane purchase price 440 yuan / ton, equal to the cost of 5200-5300, that for the sugar offers a solid bottom.

In conclusion, the outlook carbohydrates prices will remain hard or easy to increase trend, should discount hunters. Technically, the actual 1605 is maintained the strong 5400 first-line, short-term changes in place, Yiwu Huangyuan Market rally to be able to regain. Operation suggested choose to buy each and every callback, reference assistance interval 5400-5450, 5700 short-term goals.