Thursday, May 31, 2012

This year in China the smuggling of sugar can earn 1000 dollars difference

According to the China Securities News, prices gradually fall after a rise, consumption season, sugar sales but still does not see improvement, sugar is approaching three years never had the passive situation. The sugar people blamed rampant smuggling of sugar, but industry experts pointed out, if the domestic sugar does not improve competitiveness, it will be possible to lose its living space.
Nanning Sugar to disclosed a few days ago, this year sugar sales significantly differ with in former years, the sales are not ideal.
All the statistics also show that the domestic sugar is sold not free. The Yunnan sugar association data show that, as of April 30th, Yunnan Province, the crop of sugar production was 1964400 tons, sugar sales volume is 680200 tons, sell sugar rate was 34.63%; compared to the same period last year, Yunnan sugar production was 1653100 tons, sell sugar rate of 43.62%. In contrast, this sugar sales rate fell significantly. At the same time, Yunnan sugar enterprises inventory increases.
Futures Wanda Cui Shiwei pointed out that, as of the end of 4, the national sugar sales of 5810000 tons, the deduction of state and local storage volume, the actual inflow market only 5080000tons of sugar. The same period last year sales of 5360000 tons, plus on reserves, practical digested by the market there are 5510000tons of sugar. In contrast, this slow sales.
Poor sales and prices led to the sugar refinery profit glides substantially. A few days ago investors in exchange activities, Nanning Sugar responsible person pointed out, sugar price glides considerably, white granulated sugar market price from 201111 at the beginning of the month7350 yuan / ton in2012 fell below the minimum 6000yuan / ton, or up to 1350 yuan / ton. Sugar product sales prices fell sharply, rising costs of raw material sugar cane sugar refining business profit, resulting in substantially reduced. The first quarter of this year more than 5000 yuan in Nanning Sugar loss.
The Guangxi sugar association director agricultural light sugar sales are sluggish due to smuggling sugar in the domestic abuse. He said, according to China's sugar production and sales, the annual domestic sugar supply gap of about 2000000tons, but smuggling sugar are added to these gaps, domestic sugar sales decline.
Agricultural light is disclosed, has received 9smuggling sugar. Disclose according to him, in the capital of Guangxi Nanning, many sugar smugglers, a few days ago, Nanning caught a smuggler, smuggling of up to 1000 tons of sugar. According to the disclosed, Nanning Sugar smuggling amount more than he has many people.
In Nanning City West Road in the wholesale market, there are many wholesalers also secretly selling Thailand sugar. Thailand sugar wholesale price than the domestic sugar8%, bid for the 315 yuan / bag. While the Nanning Sugar Production sugar here in the wholesale price of about 330 yuan / bag (100 kg ), price from 328 yuan to 335 yuan / bag / pouch ranging.
Kunming Customs recently seized10 tons of sugar smuggling case. Recently, the Kunming customs publicity since last year have seized 815 tons of smuggled sugar, and Nanning customs also seized more than 1000tons of smuggled sugar.
At present, the domestic sugar price stability is in 6200 yuan / ton. But the Thailand sugar imports on cost of 5200 yuan / ton, Brazil5400 yuan / tons of sugar.
Yunnan dimensional sugar integrated operation department vice director Yang Jingwei expresses, Thailand11/12 sugar sugar production is about 13000000tons, Thailand consumption of sugar of about 2000000 tons,2000000 tons can be exported to the EU market, there are still about 9000000 tons of residual sugar, the Thailand sugar selling pressure. The recent economic crisis, Thailand sugar exports to the EU is blocked, and the peripheral market in Southeast Asia Limited, Thailand sugar is now the main target output is china.
Construction of China's National Centre for urban energy metering cover

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