• 内外盘价格相向而行,国内目前供应偏紧利好市场,但需关注国储投放时点和加工糖供应节奏。

市场热点   

郑糖 & 纽约原糖价格   

库存位于5年低值   

  • 截至7月底国产糖库存是自2013/14榨季以来最低值,加之走私量的大幅减少,市场实际供应量目前相对紧张利好价格。
  • 需要关注国储投放时点和加工糖供应节奏。

国内现货报价及升水走势  

  • 与外盘价格走势背离,国内食糖价格坚挺,加工糖报价亦持续上涨。
  • 但加工糖升水仍然维持在较低水平,进口糖供应压力风险仍在。

汇率变动及影响  

  • 美元兑人民币汇率破7,意味着进口成本的增加,对国内价格有所支撑。
  • 而澳元和雷亚尔的大幅走弱意味着出口利润的增加,也就是会刺激生产国在低于13美分的价位进行套保。

Rosa Li

Rosa graduated from Jinan University in 2012 with a bachelor’s degree in Marketing. Rosa joined CZ in 2014 and has been an analyst for 7 years in our Guangzhou office managing the data capture, analysis and visualisation within the Chinese sugar markets utilising her skills in SQL, Python and VBA while also providing content for our platform CZ App. Rosa is also responsible for the localization of CZ App in China – CZ App WeChat, she also assists with the commercial marketing in China and works towards strategy with the trading team.

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