Steady growth in sugar consumption is unlikely city of deep tone – sugar, sugar
December 2008 ~ 2009 6 monthly 74.601069.46894.27332.445293.27220.09
12 months to 6 six-monthly average proportion of 59.7% 58.2% 57.5% 52.4% 56.3% 56.2%
Year 124.871837.841554.24634.659398.93391.83 conversion 08/09 crop season
07/08 crop season 111.651907.931544.08563.468165.78350.99
Annual production increase 0.66% 11.85% -3.67% 12.64% 15.10% 11.64%
The proportion of industrial sugar 12% 5% 25% 24% 18% 4%
07/08 crop season for industrial use of sugar 202.8211.25101.4152.142.2533.8
08/09 crop season for industrial use of sugar 226.82203.49102.07171.3248.6337.73
Of this week Sugar Grid Dip, technology Powei trigger point catch a lot of retail space. It is worth noting, however, from the National Bureau of Statistics released the latest industrial production point of view, the steady growth of sugar consumption for the third quarter, sales of sugar sugar provides confidence on the stock price weakness Nanyi firm.
Sharp cuts in the premise has been established, the domestic sugar market focus on the fundamentals favored Sell And consumption. Sugar consumption by the author from the terminal number of industrial sugar to establish sugar Food On sugar consumption estimation model, to the domestic sugar consumption in 2008/09 crop season is expected to reach 4.06% growth in the conclusion. Steady increase in sugar consumption is expected to drive the crop season surplus industrial inventory in 7 to September period of rapid digestion, the sugar market fundamentals firmly bound to the high side of the judge.
National Bureau of Statistics released the latest industrial products as of June production data, which contains important sugar consumption indicators?? Sugary food industry output. June sugary food production in Beverages , Can And biscuits were about 20% increase, increment of candy and pastries are also relatively stable, but Dairy products And liquid dairies now appeared " Melamine "Incident to calm down after the first production of the monthly note. On the whole, in June year on year growth rate of sugary food production faster than the average over the past few months.
Relative Sugar Association sales data collected from the sugar factory, the sugary food production to more accurately measure the needs of the terminal sugar. In this regard, we can use data on industrial use of sugar milling year 2008/09 sugar consumption to do the statistical estimates.
First method of estimating the model and parameters to do simple instructions: 1. Our new sugar market in large quantities from November, the real new sale and consumption of sugar in December from the beginning, which we have adopted in December since the sugar Food production in 2008/09 crop season to measure the terminal sugar consumption. 2. In the Sugar Association of the marketing of sugar data, the 2007/08 crop season as the nationwide sales of 13.5 million tons of total sugar (data missing in October by the average level and 20 million tons in previous years). But in fact, in 2008 the sugar price for sugar traders and end users are more willing to increase the sugar enterprise storage, the actual sugar consumption does not achieve the sales figures, the author of the sugar crop season 2007/08 adjusted to 13 million actual consumption tons. 3. Different sugary foods in the proportion of sugar for industrial use different (Figure 1), we have adopted a "split" method to calculate the output growth, respectively, combined with nearly six crop season at six monthly accounting for the proportion of output Mean estimated annual production of its 2008/09 crop season.
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