<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Sugar stockpiles unlikely to cover shortage

          Updated: 2011-08-19 10:52

          By Feiwen Rong (China Daily)

            Comments() Print Mail Large Medium  Small 分享按鈕 0

          BEIJING - Sugar sales from government stockpiles in China, the world's second-biggest consumer, won't make up for a domestic shortage, experts say, increasing the possibility of more imports and higher prices as the country struggles to contain inflation at the fastest pace in three years.

          "We are in peak consumption season now and demand is robust from food and beverage and candy makers," said Liu Qingli, an analyst at GF Futures Co. "We are in an odd situation that the more the government sells, the further sugar prices seem to climb." Liu was ranked as the third-best sugar analyst in China this year by Securities Times and Futures Daily.

          Raw sugar in New York has climbed 45 percent from this year's low in May on concern that production in Brazil, which represents about half of global exports, will decline more than forecast and on tightening supply in China. The government has sold sugar and corn this year in an effort to curb inflation, which gained in July at the fastest pace since 2008.

          "Local demand is expected to outstrip supply by more than 2 million tons as production is projected to decline for the third year," Liu said. Crushing of new-crop cane may be delayed this year as cane in Guangxi Zhuang autonomous region appeared to be growing at a slower pace because of drought and low temperatures, Liu said. A delayed crushing season may further exacerbate the tight supply, he said.

          Sugar production will fall to 10.45 million tons in the current crop year from 10.73 million tons a year earlier, according to the China Sugar Association.

          China has struggled to increase cane acreage due to limited land and increasingly expensive labor, said Gao Wang, an analyst at Beijing Orient Agribusiness Consultant Co. A total of 13 provinces raised minimum wages in the first quarter of the year by an average 21 percent, data from the Human Resources and Social Security Ministry show. Average deliverable stockpiles of refined sugar at warehouses of the Zhengzhou Commodity Exchange have fallen to about one-tenth of the average level a year ago, another indication of tight supply and low inventory, said Song Lu, an analyst at Dongwu Futures Co.

          The government has already sold about 1.48 million tons in the previous seven auctions, according to Bloomberg calculations. Another 200,000 tons is slated to be auctioned on Aug 22, the second this month and the eighth so far in the 2010 to 2011 season.

          Still, average prices of the sweetener exceeded 7,700 yuan ($1,205) a ton for the first time ever during the last auction concluded on Aug 5, according to the industry website gsmn.com.cn. "If the cane-crushing season is delayed to late November, China will have to rely on inventory and only limited new beet sugar supply in October and November," said Beijing Orient's Gao.

          Bloomberg News

          主站蜘蛛池模板: 一区二区三区在线观看日本视频| 色噜噜一区二区三区| 久久人人爽人人片AV欢迎您| 日韩人妻无码精品久久| 大伊香蕉精品视频在线| 国产精品人妇一区二区三区| 亚洲一区二区三区在线播放无码| 国产精品午夜无码AV天美传媒| 精品国产一区二区三区2021| 激情综合五月天开心久久| 国产精品欧美福利久久| 中文字幕在线亚洲精品| 日韩成人午夜精品久久高潮| 国产精品久久久久久福利69堂| 亚洲久久色成人一二三区| 永久免费精品性爱网站| 久久久久无码精品国产h动漫| AV最新高清无码专区| 无码中出人妻中文字幕av| 日韩一区在线中文字幕| 三上悠亚ssⅰn939无码播放 | 国产人成77777视频网站| 99精品国产精品一区二区| 久热这里只有精品视频3| 久久久久四虎精品免费入口| 亚洲红杏AV无码专区首页| 色综合视频一区二区三区| 日韩放荡少妇无码视频| 成人深夜福利av在线| 国内少妇偷人精品免费| 欧美孕妇变态重口另类| 国产办公室秘书无码精品99| 在线亚洲午夜理论AV大片| 国产精品一区二区久久岳| 日本公与丰满熄| 亚洲国产女性内射第一区| 亚洲毛片多多影院| 欧洲人与动牲交α欧美精品| 免费乱理伦片在线观看| 少妇精品无码一区二区免费视频| 丝袜人妖av在线一区二区|