Guangxi Cocoon Silk: Cocoon Silk Continued To Fall &Nbsp; Short Term Trend Continued Weak.
6, Guangxi
market
Cocoon silk continued to decline trend, the overall trend of decline has not changed, dry cocoon price 74 thousand weeks ago, far from the contract price barely adhere to the 90 thousand price, raw silk in the near future around 300 thousand prices, the raw silk fell to 300 thousand price early in the month, now more than 270 thousand to 280 thousand or so to come back to adjust.
On the disk, the dry cocoon nearly fell 093 yuan in the past week to 1600 yuan, closing at 74700 yuan, 033 yuan in the far month, which was reduced by 86600 yuan, and the raw silk dropped 093 yuan in the past week, 4900 yuan to 301000 yuan. Next year 033 dropped by 033 yuan, and the total volume of dry cocoon was approved. The total volume of orders was approved, the total turnover of raw silk was sold, and the total volume of goods was sold.
atrophy
The dried cocoons were reduced by 42 batches, the raw silk was reduced by 156 batches, and the storage volume increased slightly.
On the news side, the autumn cocoons of some parts of Guangxi and Chongqing have been listed on the market. It is understood that the price of Chongqing has remained at about 20 yuan -27 yuan / kg. Due to continuous high temperature and low rainfall, local views have estimated that the autumn cocoon production in the whole region has been reduced by a certain margin. At present, the price of Guangxi autumn cocoons is about 26 yuan / kilogram, which is also affected by climate.
Quotation
The trend may take the opportunity to turn a big turn, but on the current market trend, cocoon silk spot purchase and sale is not smooth, even if the volume of shipments is not large, downstream demand is still not ideal.
Price
The continued decline has prompted the mentality of businessmen to be more fragile, the market mentality is more cautious, the direction of the recent market is still not very clear, but it is estimated that the overall weak market trend will continue, until the national autumn cocoon scale listing will have a clearer direction.
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