Guangxi Cocoon Silk: Re Enterprise Price Peak &Nbsp; Beware Of High Fall (6.18)

Cocoon filament

The trend of the market still makes many market participants unpredictable. Although a large number of cocoons in China have been listed for a long time, it is estimated that everyone will feel that the price of cocoon silk will begin to fall because of the gradual sufficiency of raw materials. But it is not expected that in the nearly two weeks, the activity of cocoon silk prices in the market is relatively frequent and active, and the price is rising again, and the price of cocoon silk is once again elevated to a new high.

raw silk

063 finally, in their last trading day, they were able to complete the paction at a high price. The cocoon 063 rose 600 yuan today and broke through 80 thousand price points, which received 80700 yuan, 6 batches of pactions, 063 raw silk rose 1600 yuan, reported 280500 yuan, and traded 6 batches.

The cocoon purchasing price is still firmly in the high price. According to the news, the purchase price of silkworm cocoons in southern and Northern Guangxi remains above 30 yuan / kg, and is affected by the Bombyx Silkworm disease and heavy rainfall climate. The quality and quantity of silkworm cocoons have declined to varying degrees. The purchase price of spring cocoons in the central and northern regions of China has been running at more than 37 yuan per kilogram, and the cocoons of 270 thousand tons to 280 thousand yuan are still in the same position. At present, all over the country are silkworm eggs.

The dry cocoon contract rose again today, the dry cocoon mid-term contract 073 today reported 81000 yuan, the highest price for dry cocoon plate today, 12 batches of pactions, the main contract 093 to close at 80500 yuan, the turnover is still small, only 12 batches.

Today's raw silk contracts are mixed, with a slight decline, but the upward trend still prevails.

The medium-term contract 073 increased by 2500 yuan. The closing price was the highest today, and it has been rushed to 281000 yuan. The main contract 093 has fallen 600 yuan, which has received 276200 yuan and traded 34 batches.

Recently, the price of raw silk in Guangxi market has been rising continuously. The cocoon upside down can not be solved, the risk of raw silk is high, the demand for silk enterprises is insufficient, and the demand is not much.

Judging from the trend of the price of cocoon silk and the actual situation of the market, it seems that there is no reason why the cocoon silk price will drop sharply.

Industrial products at home and abroad

Futures prices have risen to varying degrees, but in the context of global economic turbulence, the possibility of further strengthening of domestic macroeconomic regulation and tightening of liquidity expectations, the long-term downward trend of domestic futures market is hard to reverse in the short term.

The high level of domestic commodity prices is still limited.

With the rebound of some domestic products and the gradual release of more power, the domestic futures prices will not be excluded from the bottom market again.

Recently, different domestic futures markets have mixed up.

The industrial futures varieties represented by Shanghai copper, Shanghai rubber, Shanghai zinc and Shanghai fuel oil hit the bottom and rebounded, and went out of a different range of rising prices. However, the varieties of agricultural products represented by beans, corn, palm oil and Zhengmai were opposite.

There is a view that the current domestic market changes are closely related to the domestic and foreign economic situation. Under the background of the global economic turmoil and the policy of domestic withdrawal, the long-term downward trend of the domestic futures market is hard to reverse in the short term.