On September 8, the sugar industry index surged 5.94%, while Yuegui Shares and COFCO Sugar stopped. According to several media reports, sugar production in Thailand, the world's second-largest sugar producer, may drop by at least 17% during the new season, and the pressure on global sugar supply may increase further. A person from a leading listed company in the sugar industry responded that this year's pressing season in the northern hemisphere has not yet begun, and the sugar cane season in Thailand and China is basically the same, so it is not easy to make a judgment at the moment. “Generally speaking, the sugar cane season is from November of that year to February and March of the following year, and the squeezed sugar is sold the second year.” Yuegui Co., Ltd. responded. Sugar prices have rebounded to a certain extent recently, but fell a lot in the previous period. It is currently the end of the sugar company's sales for that year. “From the perspective of sugar, the raw materials in the north are mainly beets, which are mainly distributed in places such as Northeast China and Xinjiang. The raw material in the south is mainly sugar cane, which is grown in Guangdong, Guangxi, Yunnan and other places. Domestic sugar is mostly self-produced and sold, and some sugar needs to be imported. Domestic sugar prices will be affected by international sugar prices, but prices are not completely synchronized.” An executive of a listed company said.

On September 8, the sugar industry index surged 5.94%, while Yuegui Shares and COFCO Sugar stopped. According to several media reports, sugar production in Thailand, the world's second-largest sugar producer, may drop by at least 17% during the new season, and the pressure on global sugar supply may increase further. A person from a leading listed company in the sugar industry responded that this year's pressing season in the northern hemisphere has not yet begun, and the sugar cane season in Thailand and China is basically the same, so it is not easy to make a judgment at the moment. “Generally speaking, the sugar cane season is from November of that year to February and March of the following year, and the squeezed sugar is sold the second year.” Yuegui Co., Ltd. responded. Sugar prices have rebounded to a certain extent recently, but fell a lot in the previous period. It is currently the end of the sugar company's sales for that year. “From the perspective of sugar, the raw materials in the north are mainly beets, which are mainly distributed in places such as Northeast China and Xinjiang. The raw material in the south is mainly sugar cane, which is grown in Guangdong, Guangxi, Yunnan and other places. Domestic sugar is mostly self-produced and sold, and some sugar needs to be imported. Domestic sugar prices will be affected by international sugar prices, but prices are not completely synchronized.” An executive of a listed company said.