[sugar futures contract price upside down highlights industry analysts say sugar production is more than enough to make up for sugar supply] the industry estimates that the shortfall in sugar supply this year will be about 7 million tons. however, the main contract of white sugar futures listed on the Zhengzhou Commodity Futures Exchange has continued to decline since it peaked on May 25, and there is a significant upside-down of contract prices in recent months. It shows that the market is bearish on the future of white sugar. Why is there a shortfall of about 7 million tons of white sugar supply this year, but why is the contract price obviously upside down in recent months? The reporter learned that in recent years, a number of domestic listed companies have made great efforts to develop a variety of sugar substitute products, which have formed a substitution effect, which not only makes up for the shortage of white sugar supply, but also exports a large number of overseas products. Analysts expect that with the accelerated release of domestic sugar production capacity, the international and domestic future prices of white sugar will fluctuate and fall. (Securities Daily)