On Friday night drive, do a little sugar Zheng 1605 after the opening shock then pulled up sharply, the highest intraday rose to 5535, a stone's throw away from the limit price, after a slight decline in long initiative to lighten up next; Yiwu Market maintain a narrow range after opening Monday afternoon dropping to 5450 line stabilization and recovery, and ultimately to close at 5477, up 127 points, or 2.37 percent. 1-fold to a substantial increase in volume of 1,724,000 hand, hand positions increased 17,600 to 733,600 hand. From sugar fundamentals, 2015/2016 crop season to remain strong is a high probability event.

The new crop of sugar production as a foregone conclusion, the domestic sugar market supply gap widening. The sugar crop is expected to yield 9.5 million tons, compared with the previous crop minus one million tons, while demand remained rigid, kept at the level of 15 million tons, imports will make up part of the shortfall. 2014/2015 crop country imports 4.8 million tons of sugar, in the regulation of industry self-regulation and policy are expected to control the new crop sugar imports at 500 million tonnes, so the new crop supply and demand will remain tight balance for sugar bullish It has laid a good foundation. Yiwu City Friday release 2015/2016 sugar cane crop in Guangxi acquisition price set down 440 yuan / ton (Municipalities may fluctuate according to the actual situation 10 yuan / ton), corresponding to an average tax per tonne of white sugar selling price 5800 yuan, affected news boosted sugar pull up sharply. In addition, in October import of 360,000 tons of sugar, 300,000 tons last month, substantially reduced, down 13 percent over last year, which in turn increases the stakes for the sugar prices. Looking ahead, the gradual rise in the price of sugar is expected to become a rare commodity in the bright winter.

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