On June 9, sugar producers and distributors in Guangzhou quoted prices between 5,290 and 5,350 RMB/tonne, a decrease of 20 RMB/tonne from the previous day. By the end of May, cumulative sugar sales in Guangxi totaled 4.4902 million tonnes, down 155,100 tonnes year-on-year.

Spot Market: On June 9, Guangzhou-based sugar producers and distributors quoted prices of 5,290–5,350 RMB/tonne, down 20 RMB/tonne from June 8. Cumulative sales in Guangxi reached 4.4902 million tonnes by the end of May—a year-on-year decline of 155,100 tonnes; weak domestic sugar consumption has exerted moderate downward pressure on spot prices. Futures Market: The benchmark white sugar contract (2609) on the Zhengzhou Commodity Exchange closed at 5,330 RMB/tonne on June 8, down 23 RMB/tonne from the previous trading day, with open interest rising by 16,881 lots. All active contracts closed lower, indicating that futures prices are facing downward pressure in the short term.

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