By Thailand and Brazil supply is expected to improve

 The spot market, offer shock rise in Guangxi, Nanning brokers offer 7,220 yuan / ton, offer increased 20 yuan / ton, sales of light. Prices held steady

Wednesday in northern sales areas, Tianjin spot price 7450 yuan / ton, stocks in general. Sugar or the stability of East China sales areas

Or up, Ningbo spot price 7380 yuan / ton, up 30 yuan / ton, thinly traded. , the international price of sugar falling from the highs. International sugar prices fell lower

domestic cost of imports. Sailing in Thailand in recent months, the current profits of more import disk exceeds 700 yuan / ton. While the new crop production

Slight downward revision is expected, but domestic consumption is worrisome. Effects due to high sugar prices, domestic consumption has been lower than last
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year, as of 3 end of the previous crop year sales by 10% or more, count the State Reserve sugar auction sales decline is to reach 81

Tons or 13.25%. Consumption, fatigue, or will lead to domestic supply and demand gap of less than previously expected. In addition, the March consumer price

index CPI5.4% of the increase, hitting a nearly 2 and a half years since the highest price increases. This once again led the market for the country

Family may continue to worry about the introduction of control policies. Overall, the fundamentals of tight pattern, or the high price of sugar will be the

main wide shocks, and later into the increase in the cycle, will start to gradually ease the domestic supply, sugar prices will gradually callback.

    From the disk trend, the sugar and continue to open lower today, but the price of sugar shock after opening up, once again stand on the 6900 position

steadily. Today sugar Dikaigaozou, 6900 on back, two days intense competition around this point, but still-dimensional 

Downward trend in support shock. Overall, the last stage of sugar or high in the wide shocks to the trend-based, more to follow within a range around the

market trend. Currently operating on the proposed pre-short near the bottom of the range in price, you can gradually open, do not build

Yee chase sell.