Friday, June 29, 2012

identified global excess pattern

129835668771562500_420CITIC building cast: 5,800 position competition for sugar long good start Market review: sugar contract to 5,912 1301 opened today, minimum hit to 5,877, washed up to 5,948, 5,898 eventually closed, up 47 points throughout the day read more, or 0.8%, transaction active, opened all the day after washed jiancang down! Jiancang 49,000 hands throughout the day 1 fundamentals: Deutsche Bank (Deutsche BanK) analysts said over the weekend www.powerleveling.us/diablo-3|diablo 3 power leveling, Brazil Southern producing areas in production will once again disappointing, is expected to yield for 4.7-490 million tons of sugarcane, two thousand eleven-twelveths 493 million tons for the year. The minimum estimates for more bodies, but in line with Brazil analysts estimate of Canaplan. Had just ended, analyst at the Bank of Brazil's research in the South,Concludes that the Government's estimated 509 million tonnes output difficult to achieve. Report: "Judging from the current schedule of press, sugar production was 300.032 billion tons. Brazil sugarcane will decrease for the second year in a row, recorded 11 consecutive years of growth before. And sugarcane production possible in the South to lowest since 2007/08. NowGovernment on the direction of the ethanol industry and policy adjustment of fuel prices is not clear, this ageing or to a large extent limited to sugar cane replanting. "Brazil sugar UNICA4 two thousand twelve-thirteenths press quarter month estimate production after the 5.72%, identified global excess pattern, raw sugar started all the way down. Raw sugar drop led, plummeting domestic costs of imports,Smuggled imports of sugar and sugar a lot of gate, impact of domestic sugar prices. Learned from the Yunnan Provincial Association of sugar, as of May 31, total sugar yield of 2.0136 million tons of sugar industry in Yunnan province, sells sugar 862,000 tons, up and 122,000 tons; the rates of production and sales of 42.81%, down 13.05%; industrial inventory 115.16Million tons, an increase of 374,200 tons. May monthly sales of sugar 181700 tons, up by 75,900 metric tons. Trojan and sell alcohol 80400, rate of production and sales of 72.82%. Actions recommended: increased sugar Merchant Warehouse 110,000 hand fell again yesterday touched 5,800 location, plus significant rebound occurred today, shows how both sides competing forObviously, long successfully keeping 5,800 today, despite the short counteroffensive, but rebound still can continue! Current shorts have been failure, recommends early bargain out rebound may be appropriate to focus on white sugar! Rebound may be concerned about 5,950 position and pressure of 6,000 location!