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Guangxi Cocoon Silk: Raw Silk 033 Traded 570 Batches Of &Nbsp; Closing Price Is Low.

2011/8/31 13:51:00 39

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On the 30 day, the SS12033 of the main contract was broken down, which led to the green contract of cocoon silk, reflecting the internal and external environment of the autumn cocoon coming into the market and the sluggish export orders of the silk industry.

Cocoon filament

Prices are still in a downward path, maintaining a weak pattern.

Dry cocoon multiple contracts "bottomed out", GJ11085 contract fell below 80 thousand, closed at 77000 yuan, or 2.53%.

The GJ11093 contract volume decreased from 104 batches yesterday to 97 batches today, closing price of 77900 yuan, or 2500 yuan, or 4.06%.

The main contract of dry cocoon GJ12033 opened at a low price and hit the lowest price of 88500 yuan. The market rebounded slightly at the end of the month, and it was closed at 88700 yuan.

The direction of SS12033 affects the direction of the entire disk. Today, the contract has declined, and the paction has been active. The intraday trading has slipped to 278000 yuan, closing price is 280 thousand yuan, and the whole day turnover has reached 570 batches, creating a single contract.

Deal

A new record is set, but the order volume is 1108 batches, a decrease of 102 batches compared with the previous day.

At present, there are insufficient orders for weaving factories in the Yangtze River Delta region.

Fabric

The price is also falling, which should be the embarrassment of the peak season of silk processing in August.

The revaluation of the renminbi has greatly reduced the order of silk foreign trade enterprises. India, as the largest importing country of China's silk, has been reduced by the international market. The international market is weak, and the demand for Chinese silk has also declined. The weaving industry has entered a period of adjustment.

Manufacturers and traders at high price raw materials prices, interest expenses, domestic inflation, RMB appreciation, make order difficult to make money, zero profits or even negative profits.

These factors constitute the pressure of rising silk prices. There is even a view that the 250 thousand yuan is the bottom of the price. There is still room for downward price at present, but on the other hand, the autumn cocoon begins to appear sporadically, and whether exports will improve in September, the fundamental changes will affect the market changes at any time.