1, a circle is actually the epitome of the whole industry. Different from other industries, the total output value of sugar industry is actually not large, but the industry is closely related and self-contained.

2. Sugar varieties involve a long industrial chain, including production, circulation, import and export, consumption and so on. At the same time, sugar has the characteristics of seasonal production and annual sales, which is more conducive to futures investment. As can be seen from the industrial chain, sugarcane is the main raw material for sugar production, followed by sugar beet. Although the raw materials are different, there is no difference in quality between cane sugar and beet sugar, and national standards are also applicable to them. Although there are two kinds of raw materials, the proportion of sugar cane in the world is as high as 70%, so we still choose to start with sugar cane alone.

3. In the long run, Zheng sugar usually has a production cycle of increasing production and decreasing production in three years, which is related to the growth characteristics of sugarcane itself (perennial planting in one year). For example, the sugarcane planting area in China increased from 20 10 to 20 12, and decreased from 20 13 to 15. Affected by this, with the increase or decrease of domestic sugar production cycle, the domestic sugar price has declined or increased as a whole.

4. The main sugar-producing countries are Brazil, India, Thailand and China. Due to the difference of latitude and climate, the sugar production period (sugar harvest period) of the world's major sugar exporting countries is also different.