SourceCasino500Mu Tian science and technology sugar net

Message side:

1. According to the news of May 20, the export data released by the Brazilian Foreign Trade Secretariat show that Brazil exported 161 sugar in the first three weeks of May.Casino500. 50000 tons, with an average daily export volume of 134200 tons, an increase of 23 percent over the same period last year.

2. According to foreign news on May 20, European traders said on Monday that Egypt's GASC invited bids to buy at least 50000 tons of raw sugar from an optional origin.

Raw sugar:

According to foreign news on May 20, ICE ICE raw sugar futures closed higher on Monday. Due to concerns about the weather, the July raw sugar futures contract closed up 0.55 cents, or 3%, at 18.68 cents per pound, while London August sugar futures closed up US $16.10, or 3%, at US $550.8 per ton.

Zheng Tang:

Today, all contracts of Zheng Tang opened high and fluctuated, and by the close of trading in the morning, most of the contracts closed on the red market. Among them, Zheng Tang 2409 contract opened high at 6205, the highest price was 6236, the lowest price was 6159, the closing price was 6185, the position was reduced by 8355 hands, the transaction was 359882 hands, and the transaction was slightly enlarged. Daily line graphics, futures price around 6200 line shock, close above the 5th line, MACD in the zero axis below the dead fork, green column magnification, 30-minute graphic point of view, the futures price around the Bollinger rail finishing, MACD in the zero axis above the dead fork, green column magnification.

Liuzhou Wholesale Market:

Liupan in the morning most of the purchase and sales contracts low open shock, to the morning close, most of the purchase and sales contracts closed in the red market. Among them, the spot price of Liupan was 6396 yuan, up 3 yuan from the previous day, and the contract price in the third week of September 2024 was 6299 yuan, down 4 yuan from the previous day.

Spot:

The price of white sugar futures held steady this morning. The spot quotations of major traders in the southern region are as follows. The price of new sugar on the Nanning middleman platform is 6560 yuan / ton. The quotation is unchanged, the new sugar warehouse quotation is 6520 yuan / ton, the quotation is unchanged, the Liuzhou middleman quotation is 6600-6620 yuan / ton, the quotation is unchanged, the warehouse quotation is 6580-6600 yuan / ton, the quotation is unchanged, the guest middleman quotation is 6470 yuan / ton, the quotation is unchanged, Guangzhou middleman quotation is 6720 yuan / ton, the quotation remains unchanged.

Summary:

Due to concerns about the weather, ICE raw sugar futures closed higher on Monday, of which the July raw sugar futures contract closed up 0.55 cents, or 3%, and the settlement price was 18.68 cents per pound. Brazil's export volume increased in the first three weeks of May, and trade flows are still mainly supplied by Brazil. Phased supply is loose, port shipments are smooth, and short-term raw sugar shocks are weak.

On the domestic side, Zheng Tang's disk was high open and fluctuating yesterday, and the contracts of Zheng Tang's night market were uniformly high. Zheng Tang's main 09 contract once broke through the 6200 integer level, but failed to stabilize the reduction of long and short positions in September contracts. Among them, more than a single reduction, 1-4 cumulative increase in imports, but the direct impact on the import volume is not strong, industrial inventory is low, short-term Zheng sugar shock air trend.

Operational suggestions: raw sugar rose sharply, July contract focused on 19 cents of the first line of suppression, Zheng Tang concussion weak trend, intraday short-term operation, high selling low suction, Zheng Tang's main concern about 6200 line of support, intraday high can be properly short. Control the position.