Sugar retail price will not rise this month

Since October, China's sugar price has reached the highest price in history, breaking through 6,000 yuan/ton, setting a new high of white sugar prices in the past 20 years. Analysts believe that the rise in ordinary sugar prices for six consecutive months will not only push up the retail price of sugar, but will also lead to a comprehensive increase in the prices of beverages, cakes, confectionery and other related products. However, due to inventory reasons, the current retail price of supermarkets has not changed, and the relevant person in charge also said: "This month will certainly not increase prices."

The price of sugar doubled in two years. "Two years ago, the market price of sugar was once maintained at a level of 2,700 yuan/ton. After surpassing the 5,000 yuan/ton mark at the end of last year, it has been hovering at a high level. Since the beginning of October, the price of sugar is still soaring. Compared with the wholesale price of 2,700 yuan/ton of sugar in the same period of 2008, the increase was as high as 127%.

In more price-sensitive wholesale markets, the retail price of bulk sugar has increased from 6 yuan per kilogram in the previous month to 8 yuan to 9 yuan per kilogram. Sugar price increases have also affected food production companies in the industry chain. The prices of sweets and cakes that use white sugar as raw materials have also risen. Mr. Li, who runs bulk sugar at Tongzhou Baliqiao Wholesale Market, told reporters: “Recently, bulk sugar has indeed risen in price, and various brands have gained a kilo per kilogram.”

It is understood that White Rabbit, Ma Dajie, Xu Fuji and other candy brands have issued a price adjustment notice. In addition, biscuits, chocolates, beverages and other sugary foods have also been priced in brewing.

The price of sugar in supermarkets has not risen upwards along the wholesale price of white sugar, which has triggered expectations for price increases for white sugar and related products. In major supermarkets, the prices of related products remain the same. “The company did receive notice from Zhongcai and Jingsu that the price of various specifications of sugar will be fully raised, at a rate of about 10%.” The person in charge of Wumart said to the Morning News reporter. In spite of manufacturers' price adjustments, the supermarket's sugar price has not been raised. Supermarket officials said that the current inventory of sugar is still relatively abundant. All prices have not changed for the time being. "This month will certainly not increase prices." Renshangaixin also stated that the price of sugar and related products have not changed, "it will take some time for the retail terminal price to increase."

The reporter visited major supermarkets in Beijing and found that the retail prices of sugar in major supermarkets have not changed significantly. However, the shelves of sugar are significantly empty. There are three kinds of sugar shelves hanging in the Wumart supermarket orchard store. symbols of. (Reporter Chen Qiong)

Related news White sugar prices will continue to rise Liu Qingli, director of the GF Development Research Center, believes: “White sugar prices may fall in the short-term due to technical aspects and low season demand, new sugar listings, etc., but they will not be too large.” From the end of 2010 to the beginning of 2011, the price of sugar is expected to hit new highs, and it is likely to climb to 7,000 yuan/ton or even exceed 7,000 yuan/ton.

210,000 tons of national reserve sugar will be put on the market Morning news According to the Chinese Ministry of Commerce website news, the current state reserves of sugar stocks are abundant, in order to ensure the sugar market supply, stabilize the price of sugar, the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Finance decided to arrange the national reserve in batches sugar. On October 22, the first batch of 210,000 tons was placed on the market during this crop season, and the number was increased according to the circumstances.