Sugaronline China Report – 21st June, 2021
21st June 2021
Chinese sugar prices are easing as demand for sales fall as well.
Following a shortened trading week, after the long weekend for the Tianzhong, or dragon boat festival, on June 1, the spot Zhengzhou white sugar futures month closed on Thursday, June 17 at CNY5,357 per tonne versus CNY5,565 on May 15. Despite strengthening for most of the last month, the USD: CNY rate is currently close
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