20 10 September, people saw too many "historical highs": from the historical high of gold price accompanied by the sharp rise of commodities such as copper and aluminum to the expected rise of agricultural products caused by the historical high of cotton price in September. Although the futures of agricultural products in overseas markets fluctuated during the National Day holiday, this upward trend has begun to appear in the domestic spot market.

10 9, 65438, the national spot price index of sugar historically broke through the 6000 yuan mark, reaching 6062 yuan. After "garlic is cruel to you" and "beans are fun to you", the price of white sugar has also skyrocketed, and ordinary white sugar has become the "sugar emperor". The reduction of sugarcane production in Guangxi, the main sugar producing area, and the speculation of white sugar futures by hot money in the futures market are considered to be the reasons behind the rise in white sugar prices. According to industry analysts, this phenomenon may be related to the reduction of production caused by abnormal climate, but some market analysts believe that under the background of rising inflation expectations, some speculative funds withdrawn from the property market are looking for new investment directions, and agricultural products may become their new targets.