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Just past the 2021/2022 crushing season, the domestic and foreign sugar market has undergone many changes, looking forward to the new crushing season, how is the domestic and international market situation? Under the triple pressure of demand contraction, supply shock and expected weakening, how can sugar companies break through the siege? Recently, at the 2022 China (Zhengzhou) International Futures Forum White Sugar Industry Sub-Forum, all parties shared their experiences and strengthened exchanges on issues such as sugar industry policies, market development dynamics and the application of futures and option tools, and jointly discussed how to promote the healthy development of
The international market situation is complex and changeable
This year, the international market situation is complex, commodity price fluctuations have increased, and it is difficult for the international sugar market to "stay out of the matter"
"Since the outbreak of the global epidemic, the commodity market as a whole has been under pressure, and international sugar prices have entered a downward trend, but since May 2020, sugar prices have risen
Global sugar market supply is expected to be generally loose
"The outlook remains optimistic about global sugar prices
The development of the domestic sugar industry is facing challenges
At present, the development of China's domestic sugar industry is facing challenges, and the demand for risk management is increasing
From the perspective of sugar supply, the pattern of insufficient production and demand is more obvious
From the perspective of sugar consumption, there is still room for
The grain must be firmly in your hands, and the sugar jars must be filled with your own sugar
Build a unified national sugar market
Under the background of the current large fluctuations in sugar prices and the closer connection between the domestic and foreign sugar markets, giving full play to the functions and advantages of the futures market can not only reduce corporate risks and ensure industrial development, but also promote the smooth flow
"The high-quality development of the sugar industry served by white sugar futures has a legal guarantee
"China's sugar industry has entered a period of high-quality development, and the comprehensive competitiveness of the sugar industry has been continuously improved
"Work together to build a national unified large market for sugar that is efficient, standardized, fair competition and full openness
(Hou Yajie)
