Sugar prices high, had not news. Year and a half, sugar prices rose more than 130%, and a 15-year high point, so far did not stop. Industry insiders estimate that the domestic sugar price is expected to stand on at the end of 7000 yuan / ton mark, reaching a record level. The current spot price of sugar in Guangxi reached 6,500 yuan mark.
The momentum of the current round of rising sugar prices starting from the end of 2008, when accounting for more than 60% of domestic sugar production in Guangxi sugar offer only more than 2700 yuan / ton, but then almost every quarter to 500 yuan / ton price, continuous above 3000 yuan / ton, 4,000 yuan / ton, the end of 2009 exceeded 5,000 yuan / ton. And into the second half of 2010, sugar price is high breaking, frequently a record high.
The surge in sugar prices, also contributed to the rising prices of consumer end markets. As the main sugar producing areas in Guilin, Guangxi, Nanning, Liuzhou and other places, as early as the Spring Festival eve in 2009, sugar prices have risen to 8-9 yuan per kilogram, in September, a number of supermarket prices or even rise to 11 yuan per kg . To 10 months, part of the supermarket store goods for sale signs have appeared.
Just a year and a half, sugar prices once calm quickly break 6,500 yuan / ton high, the industry is expected by the end station will be 7,000 yuan / ton mark. Guangxi Sugar Association of the Secretary-General Zhang Lubin analysis, domestic and international sugar market gap, causing a certain degree of sugar prices to rise.
Statistics show that the 2009/2010 crop of 10.73 million tons of sugar were produced, fewer than the previous crop sugar nearly 170 million tons; At the same time, the world will occur this year, 7.8 million tons of sugar supply and demand gap. Two factors at home and abroad role in determining the next two years will further enhance the domestic price of sugar.
The face of the trend of high Diego, the state has issued a number of control measures, including the auction reserve sugar to accelerate the speed of sugar imports. 22 countries have decided to launch the 2010/2011 crop season in the form of auctions first national reserves 21 million tons of sugar a reserve price of 4,000 yuan / ton, the market regulation.
However, the problem for the pace of sugar imports, industry sources, the current international market price of sugar is also high import costs even higher than the domestic market, is expected to import large quantities is unlikely. Markets for agricultural products, according to the Ministry of Agriculture released the latest monitoring and early warning expert sugar market in September 2010 monitoring information shows that in September, the international price of sugar imported into the shore after-tax (PRD) is 7160 yuan / ton, up by 11.9%, compared main producing areas of the domestic wholesale price of sugar cane high 1,417 yuan per ton, the spread last month to expand.
However, the current domestic availability of sugar 6500 yuan / ton in the price of sugar is a huge attraction. This reporter learned that a number of sugar enterprises in Guangxi have the intention to start earlier, but due to the accumulation of sugar cane has not yet put in place now, higher costs ahead of the boot, sugar in the boot time of contradictions. If pressed to open ahead of schedule, will result in reduced production of sugar cane reduced; if the delay to open press, will be conducive to the precipitation of sugar cane, is conducive to the stability of yield. Due to the high sugar prices led to more species coming to stay next year, production is expected not to be optimistic.
In addition, a number of industry sources also pointed out that the most important feature of this round of price increases is highly conductive, futures, spot trading in the forwards and the soaring wholesale prices, rapid delivery to the retail end markets. This means that only stay in the original sense of the futures, spot and forward wholesale market in the area of price fluctuations, has been rapidly extended to the retail sector, the proposed similar varieties of sugar to enhance the strong speculative market monitoring.
Yesterday's close, the main sugar in Zhengzhou 1105 futures contract closed at 6441 yuan / ton, up 30 yuan / ton, or 0.47% in intraday trading record 6592 yuan / ton, a record high.