Guangxi Cocoon Silk: Cocoon Silk Rose Strongly By &Nbsp; Raw Silk Broke Through 380 Thousand In The Near Week

Most of the dry cocoon contracts stabilized at the 102000 price level, and the 10123 contract rose 1100 yuan in the past week, which received 102600 yuan.

The main contract 11033 yuan rose 1100 yuan, to close at 106200 yuan.

16 batches, 70 orders, 4 batches.

The total volume of dry cocoon is 36 batches and the total order volume is 110 batches.

Raw silk rose 10122 yuan in the past week, 9500 yuan, 380000 Yuan, 14 batches, 34 orders.

10123 the contract has seen the highest rise in recent years, rising 11500 yuan, closing at 380500 of the highest historical price.

The main contract 11033 rose 5100 yuan, reported 375400 yuan, clinch a deal 142 batches, the order 894 batches, reduces the warehouse 22 batches.

From the perspective of technical graphics, the 11033 K line of raw silk today is characterized by its bare head and its feet.

The moving average is still upward, and the support for the latter is still strong.

DIF line continues to break through the upward trend after DEA, and the bull market continues to dominate.

Today the total volume of raw silk is 266 batches, the total order is 1250 batches, 114 batches less than the previous trading day.

The surge of cocoon silk market today is also driven by the recent rise in the price of bulk products around the outside and around the world. Meanwhile, the chemical reaction of export news and cash spots has been very popular.

However, the stock market is still falling today, which makes the price of such a high price shudder.

In addition, the central government has been mobilizing general mobilization to enter an urgent anti inflation war.

The futures market has received the highest level of attention in history. It is becoming the primary target for the government to stabilize prices after the housing market.

Since the second half of this year, prices have continued to rise. In October, CPI rose to 4.4%, a 25 month high, triggering a national policy of "combination boxing" to regulate prices.

Under the policy intensive policy, the rapid rise of agricultural product prices was effectively curbed in mid 11, and the prices of staple agricultural products such as cotton and sucrose were also reduced.

I wonder how cocoon silk will be affected in this anti inflation campaign.

But conversely, the recent regulatory policies in the country will help to combat the speculation of agricultural products (mainly small varieties), but can not change the basic contradiction of supply and demand of agricultural products and costs.

Is this the reason why cocoon silk prices can remain strong?