Mainly due to the influence of the external market, U.S. sugar began to fall in early February and is currently down by about 25%. From the perspective of sugar supply and demand around the world, sugar production is surplus.

my country’s white sugar is mainly supplied by itself. With the external market plummeting, the price of domestic and foreign sugar is gradually shrinking, and expectations of imported sugar have appeared in the market. This expectation is actually more severe than the impact of drought. Come stronger, after all, the drought will affect next year's sugar production. This year's sugar crushing season has come to an end, and the output is basically determined, but the expectation of imported sugar is likely to be verified this year.

However, I still believe that this phenomenon is short-lived. Fundamentally speaking, the trend of sugar this year is bullish. If sugar imports really become a reality, it will also be a strong boost to the international market. Judging from China’s development speed, it will be a matter of time before sugar imports