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Guangxi Cocoon Silk: Cocoon Broken 110 Thousand Silk On 400 Thousand &Nbsp; Sustained Bull Market

2010/12/15 14:33:00 63

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Guangxi market today

Cocoon filament

Once again, we have a strong upward trend, and all the cocoons are going up and up.

contract

The quotations were all around 105 thousand, and the main 11033 of dry cocoon rose from 500 yuan to 11100 yuan, which had exceeded 110 thousand price, 16 batches of orders, 72 batches of orders, and no attention has been paid to the dry cocoon near contract today. Two branches were 10123 and 10124 in the near future, and only sold at the selling price. The total turnover of the dry cocoon today was approved by the general contract, and the total order was approved by the group.

On the surface of the raw silk, two far month contracts showed a slight pullback, and the other contracts increased by a different margin. The recent contract 11011 price rose significantly today, rising 7300 yuan to close at 400000 yuan, the first time on the 400 thousand price list, the high price of raw silk was rewritten again, 11013 contracts rose 11600 yuan, the increase rate was 3%, the rate was 396900 yuan, and the turnover was 20 batches.

Closing quotation

After coming out of the small line with long shadow and short shadow line, the 5 day average line support is strong. Overall, the advantages of punching or high position narrow finishing are obvious, the 392 thousand price is stable, and the price is up to 3200 yuan today, which is 392800 yuan, 188 batches of orders, 966 batches of orders, complete 117 batches of buying, selling 69 batches, the strength of multi strength occupies a big advantage, the total turnover of raw silk today is 328 batches, the total order is 1422 batches, the turnover is increased by 24, and the order quantity is increased.

On the news side, the big customers of raw silk products in India seem to be in waves again. According to relevant news reports, the price of raw silk in China is 1750 rupees / kg in August, and by December 9th, the price has exceeded 3275 rupees / kg, and the price has increased by 87% in just 4 months. India textile industry should be very hard to eat when importing raw silk with high price and under the pressure of high tariffs. India experts say that the tariff of raw silk imports from India is only 21%, while the import tariff of raw silk is 30%. This abnormal tariff structure should be corrected.

Industry experts suggest that the tariff of raw silk should be abolished, and the tariff of silk fabrics should be raised to 40%. At the same time, the national handloom development company (NHDC) should import 2500 tons of non tariff raw silk immediately. If the India government does not take the priority to take corrective measures, the world's largest family industry will suffer a disaster.

Not long ago, textile workers and businessmen in India had held a large rally demanding strong lifting of import tariffs on raw silk.

In view of this, if India really cancels or reduces the import duty of raw silk and the plan of importing 2500 tons of raw silk free of duty, the price of cocoon silk will definitely be higher in the future.