From the beginning of October to early November, the price of sugar soared. The highest price was close to 8,000 yuan per ton, but after just over 10 days, the price of sugar dropped back to 6300 yuan to 6,500 yuan per ton. With the increase in the supply of new sugar, the tightening of liquidity, and the combination of price adjustments by the state, the domestic sugar price has come out of a wave of “roller coaster†prices.
The trend of sugar price cuts quickly transmitted to the consumer market. The reporter visited a number of sugar retail outlets and stalls in the city's three-point sugar and wine market, the Happy River Market, the Big World Farmers Market, and found that the retail price of white sugar has declined slightly. Before November 15, the sales price of ordinary sugar was as high as 8.6 yuan/kg, and the current selling price was mostly at 8 yuan/kg.
At the Big World Farmers' Market, Mr. Sun, who runs a sugar business, said that the sugar in small shops is a bag of 100 pounds. “From October to mid-November, the price of white sugar is constantly changing. At the highest time, it was a bag of 395 yuan. It has fallen again in recent days,†Mr. Sun said.
“The price rises too fast, and when a bag of white sugar rose from 295 yuan to 350 yuan, I would not dare to enter sugar in large quantities. I entered 3 bags in two days. Later, a bag rose to 395 yuan. Now it is falling. Even more dare not easily pick up the goods.†Mr. Sun, who sold sugar for three years, said that this year's sugar price trend is mysterious.
Mr. Sun introduced: “These sugars are mostly from Guangdong, Guangxi, and now it is exactly the season of sugar-smashing. The current price decline is also reasonable, but I do not know if the next step is to stabilize.â€
Sun boss also told reporters that from the retail situation, the demand for sugar has decreased from the previous month. From mid-October to mid-November, it is precisely when the citizens pickle cabbage, radish, and other winter pickles. Sugar sells quickly and can sell 300 pounds of sugar in two days. “Before, some people heard that special sugar was used to raise the price of sugar. Now it takes two days to sell 100 pounds of sugar.â€
Reporters visited Wal-Mart and RT-Mart to find that the price of candy chocolate, which uses sugar as raw material, has not changed for the time being. Dove bulk chocolate 64 yuan per catty, bulk gold monkey 16.8 yuan per catty, no change from the previous period. Wal-Mart's manager of the Yantai Corporate Affairs Department succinctly stated: “When sugar prices rise, there is no big change in the price of candy in supermarkets. There is some lag in the price change of sugar and the impact on prices of end products. There is currently no notice of price adjustment.â€
It is understood that the sugar mill in Guangxi gradually into the crushing period, Guangdong sugar mills also opened in November 25, the new sugar market increased. Analysis of the industry, with the gradual listing of new sugar, tight supply and demand situation in the sugar market will be eased, there is still room for further reduction in sugar prices.
The trend of sugar price cuts quickly transmitted to the consumer market. The reporter visited a number of sugar retail outlets and stalls in the city's three-point sugar and wine market, the Happy River Market, the Big World Farmers Market, and found that the retail price of white sugar has declined slightly. Before November 15, the sales price of ordinary sugar was as high as 8.6 yuan/kg, and the current selling price was mostly at 8 yuan/kg.
At the Big World Farmers' Market, Mr. Sun, who runs a sugar business, said that the sugar in small shops is a bag of 100 pounds. “From October to mid-November, the price of white sugar is constantly changing. At the highest time, it was a bag of 395 yuan. It has fallen again in recent days,†Mr. Sun said.
“The price rises too fast, and when a bag of white sugar rose from 295 yuan to 350 yuan, I would not dare to enter sugar in large quantities. I entered 3 bags in two days. Later, a bag rose to 395 yuan. Now it is falling. Even more dare not easily pick up the goods.†Mr. Sun, who sold sugar for three years, said that this year's sugar price trend is mysterious.
Mr. Sun introduced: “These sugars are mostly from Guangdong, Guangxi, and now it is exactly the season of sugar-smashing. The current price decline is also reasonable, but I do not know if the next step is to stabilize.â€
Sun boss also told reporters that from the retail situation, the demand for sugar has decreased from the previous month. From mid-October to mid-November, it is precisely when the citizens pickle cabbage, radish, and other winter pickles. Sugar sells quickly and can sell 300 pounds of sugar in two days. “Before, some people heard that special sugar was used to raise the price of sugar. Now it takes two days to sell 100 pounds of sugar.â€
Reporters visited Wal-Mart and RT-Mart to find that the price of candy chocolate, which uses sugar as raw material, has not changed for the time being. Dove bulk chocolate 64 yuan per catty, bulk gold monkey 16.8 yuan per catty, no change from the previous period. Wal-Mart's manager of the Yantai Corporate Affairs Department succinctly stated: “When sugar prices rise, there is no big change in the price of candy in supermarkets. There is some lag in the price change of sugar and the impact on prices of end products. There is currently no notice of price adjustment.â€
It is understood that the sugar mill in Guangxi gradually into the crushing period, Guangdong sugar mills also opened in November 25, the new sugar market increased. Analysis of the industry, with the gradual listing of new sugar, tight supply and demand situation in the sugar market will be eased, there is still room for further reduction in sugar prices.
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