129784668223178750_398Zheng Bo the white sugar sugar breakthrough early pressure synchronization jump
Today: closing the opening price highest price lowest settlement price change positions of white sugar 6.996.867.006.866.970.131462298 cotton soft white sugar 7.066.977.066.977.040.10115294 East 2,.10,702,087,021,17E,+180210503051156 2,.08,402,060,520,97e,+30 Xinjiang cotton trend analysis: (a) sugar: Zheng sugar 1209 main contract edged higher today after the opening shock up steadily, would break through the early pressure, at the same time, rising spot sugar prices in the domestic market there is a wide range, withBo white sugar appears after opening up a strong shock, washed up to $ 7 integers a gate, which remain strong to close, k-line form a Sun line.
(B) soft white sugar: strong shocks up today after the synchronization
tera gold, a maximum of $ 7.06
tera power leveling, and closed at the highest price, k-line formation Chung Yang lines. (C) cotton in East China: today's upward trend of cotton remains a slight shock,Led by Bo the strong rise in cotton, a maximum of $ 21,170, k-line formation barefoot Chung Yang lines.
(D) cotton: rising prices continued a strong shock today, up to $ 20,970, closed Sun line k-line formation. Industry news: (a) sugar: in April, beet sugar producing areas in the North, a sugar producing areas in Hainan have all received press, South of cane sugar productionIn the area, also in Guangdong, Guangxi, Yunnan, sugar factory entered the end stage. Incomplete statistics, as of last weekend, has 70 sugar factory of Guangxi, closing press, has received press sugar refinery capacity reached 435,000 tons/day, about the region's sugar factory design 65.9% of the total capacity is expected in mid-April in the rest of the sugar factory press collection is complete. With sugar production enters an end, this pressing domestic foodSugar production has become clearer. By the end of March, sugar yield 10.75 million tons per cent nationwide, after market yield of 11.5 million tons is expected 93%.
As the late supply is gradually reduced, market entry pure consumption season, expects industrial stocks peaked in mid-April after entering rapid decline channel. (B) cotton: USDA data show that in the year to March 2In the 9th week, US cotton export shipments to succeed, its highest since 11 months.
But market prospects of cotton exports to the United States is no consensus, can ultimately USDA Export target variables. Week, United States exports of cotton and cotton shipments at 89,000 tons and 6900 tons, both refresh since the beginning of this year's highest, Cot shipped to China where more than two-thirds of the United States. In fact, the week 69,800 tons of exports to China recorded its highest level since the year, is the maximum number of weekly export to China for over 6 years. US cotton exports to regions outside China less than 30,000 tons to make fundamental changes in the last four months of the US cotton exports "sprouted" situation.Spot market: (a) sugar: Jinan dealers quote $ 6,920/ton, price does not change, sales General; Qingdao brokers quote $ 6,800/tonne, quotations unchanged sales General; sunshine brokers quote 6,850 dollars/ton, 50 per cent; Qingzhou brokers sunshine sugar price $ 6,900-6,960 dollars/ton, up 130; linyi brokers offer 6$ 800-$ 6,880/ton, 100 per cent.
(B) cotton: 9th Chinese cotton prices fell 5 328 19,446; 429 fell 6-18,655; 229 20
tera gold,817 falls 3; 527 16,882 fell 15.
Actions recommended: (a) sugar: bargain long days full. (B) soft white sugar: bargain longAnd intraday trading stop.
(C) cotton in Xinjiang: group-long control positions. (D) cotton in East China: bargain long control positions.
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