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Xining in Qinghai great news announced after the meeting, Sugar Rapid rise in 1005 up to 5044 contracts, but then a substantial adjustment, the minimum to 4541 points; through such substantial revisions Xi Pan, we believe that the market outlook cut sugar prices is limited, adjustment or will end. Price of sugar this huge adjustment for four reasons: 1, rumors Guangxi 300,000 tons of sugar put in place reserves completed, the price of sugar is still high to continue to soar and continue to control the price of sugar soared, may cause! Yuan carry on vent yao class? palpitations Qiao fight? Soul?, domestic sugar prices since futures from entering in August rose 20%, to 500-600 yuan / ton, up 10% of the spot, to 300-350 yuan / ton. Guangxi sugar from early August of 3750 rose to 4,100 yuan, only within 10 days of the risen more than 300 yuan a ton, so there have been no rapid rise in a reasonable correction. Divergence in overbought situation, Wed sugar prices dropped sharply for the amendment, also meet the technical requirements and operating rules of the market; 3, began last week at home and abroad as a sharp drop in the stock market, stock market, and prices of other commodities markets down, affecting the decline in domestic sugar market. Significant reduction in the price of sugar, while sugar (information market) is a registered warehouse receipts and effective prediction of change continued to fall, into increasing evidence that sugar significantly involved in preserving and increasing the disk; as of August 21, sugar warehouse registration only for 26439, effective prediction of 7051, total 33,490; sugar registered warehouse receipts decline that set in pre-hedging price of sugar has happened with soaring losses on their futures, while the performance of the spot price of sugar firm, which makes hedging plate than through the futures delivery through the spot market Sell More direct, while China's sugar supply and demand will be particularly the case of a gap. Technically, sugar index continued pullback this week, to adjust the percentage rate of increase for the previous 50%, the adjustment is a normal space; from the volume point of view, sugar and the days of huge adjustment index substantially attracted a lot of market volatility funds, as of August 21 the week of sugar reached a total turnover of 10.727 million hand in nearly 5 months to a new high; from positions of view, last week's sugar positions substantially reduced, from Monday's top 876 000 hand continued to drop to Friday's 726,000 hand positions significantly reduce the market to some extent that funds with lower market outlook, lower interest; main contract 1005, the adjustment in the last week, the positions are hand decreased from 593,000 to 472,000 hand. The form from the technology, has been adjusted in place of sugar, not much room down, from the time perspective, and we think we need 1-2 weeks to adjust the time, that technology trend of the national sugar production and marketing in August to wait for data to be ready. Run from the current price of sugar to see the emergence of and in February 2008 after a very similar market boom and crash, but this moment was then; in the 2008/2009 crop season the remaining time, our sugar supply gap will appear, Guangxi cast storage is in progress; from the current analysis is that the 2009/2010 crop season sugar supply and demand in China will remain a large gap, which determines the price of sugar will run up the main; so the current decline in sugar prices only the adjustment of market price rise rather than switch to city, from the operational point of view, we propose the establishment of a small trend of more single-low, while the previous trend of more single-patient held low. << The e-commerce company in China offers quality products such as electrical cooker , China electric gas cookers, and more. For more , please visit electric pressure cookers today!
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