Inner Mongolia's new sugar is officially on sale, let's see what price it is!

According to Cofeed statistics, on September 21, Baihuisheng sugar producers in Inner Mongolia are all "Lengshan Brand" in the pressing season of 2018/2009, the new high-grade white sugar production officially on the market, the sugar mill daily squeezing capacity of 5000 tons / day, the current daily sugar production of about 600 tons, due to early extraction and in the early stage of extraction, sugar content of about 15%, sugar yield of about 12.4%. The mill opened last year on Oct. 5, 2017, harvested on Feb. 2, 2018. The total time of squeezing was 58 days. The total time of squeezing was about 90,000 tons of Communist sugar. The sugar mill plans to buy 650,000 tons of beets and produce 100,000 tons of sugar this squeezing season, and daily output will rise as the sugar content of subsequent beets increases.

Because there is only "Lengshan Brand" premium white sugar on the market at present, the sugar factory quoted 5560 yuan / ton for the first time, and the distributor got about 50 yuan / ton discount. But the overall market reaction is that the price of new sugar is too high, so it is not the mainstream guidance, and the current price is even higher than that of processed sugar to produce white sugar. Advanced, in May 2018 has been pre-sold most of the white sugar, in order to protect the legitimate interests of high-quality distributors, plus the current new sugar listed brand is only one, the high price is reasonable. It is reported that after the new sugar out, there are already dealers began to pick up the goods, but are pre-sale customers, the current market price transaction is difficult.

After entering the next week, there will still be some enterprises in Inner Mongolia, concentrated squeezing period is September 26 - October 5. As other sugar sources continue to enter the market, sugar beet sugar prices will gradually return to rational.

Attachment: boot schedule for Inner Mongolia and Xinjiang

From: Agricultural Futures Network