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Please ask the factors affecting the price trend of futures white sugar
There are many factors that affect the price trend of futures sugar, including but not limited to the following aspects: 1. market supply and demand: if the market for sugar oversupply, the price will fall; on the contrary, the supply is not enough to meet demand, the price will rise. 2. Commodity prices: sugar is an agricultural product, but its price is also affected by the impact of commodities, such as oil, gold, copper, etc. 3. Weather: the weather: the good and bad weather directly affect the planting and harvesting of crops, such as drought, flooding, etc. has a direct impact on the price of sugar. 4. Weather factors: the good and bad directly affect the planting of crops and harvests, such as drought, floods, etc. on the price of sugar has a direct impact. 4. Currency exchange rate: changes in the exchange rate for the price of sugar also has an important impact, such as the exchange rate depreciation, sugar export earnings will fall, the price will follow the decline. 5. Policy factors: changes in policy can also have an impact on the price of sugar, such as adjustments to the tax policy, export policy changes and so on. 6. Changes, etc.